iStreet Network Limited Allots 10,83,334 Equity Shares on Conversion of Warrants, Paid-Up Capital Rises to ₹28,20,00,012 4 days ago
iStreet Network Limited, on May 06, 2026, allotted 10,83,334 equity shares of face value ₹4 each to four public category warrant holders upon conversion of an equal number of warrants. The exercise price was ₹4.5 per warrant, representing 75% of the warrant issue price of ₹6, with total proceeds aggregating to ₹48,75,002. The allotment was made on a preferential basis pursuant to SEBI ICDR Regulations, 2018, with the warrants originally allotted on November 28, 2025. Post-allotment, the company's paid-up equity share capital increased from ₹27,76,66,676 to ₹28,20,00,012.