AGM Details

The 39th Annual General Meeting will be held on Tuesday, September 29, 2026 at 03:30 PM IST through Video Conferencing/Other Audio Visual Means. The registered office at 4-A Wing, 4th Floor, D J House, Old Nagardas Road, Andheri East, Mumbai – 400069 shall be deemed as the meeting place.

Key Meeting Logistics

  • Live Webcast Link: https://www.evoting.nsdl.com/
  • E-voting Link: https://www.evoting.nsdl.com/
  • Cut-off date for e-voting: September 22, 2026
  • E-voting period: September 25, 2026 (09:00 AM) to September 28, 2026 (05:00 PM)
  • Book closure dates: September 18, 2026 to September 29, 2026 (both inclusive)
  • Annual Report URL: http://istreetnetwork.com/annual-report/
  • Results publication date: October 01, 2026

Ordinary Business

Item No. 1: Adoption of Financial Statements

To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors.

Item No. 2: Re-appointment of Director

To appoint Mr. Yash Maheshwari (DIN: 10884168) who retires by rotation and being eligible, offers himself for re-appointment.

Special Business

Item No. 3: Appointment of Independent Director

To appoint Mr. Shailesh Chitre (DIN: 10289263) as Independent Director for a term of 1 year commencing from November 13, 2025 to November 12, 2026. He was appointed as Additional Independent Director effective November 13, 2025.

Profile: Mr. Chitre brings over 25 years of experience in exchange technology and market infrastructure domain, with past stints including Interim CEO and Board Member at NCDEX e Markets Ltd. (NeML). Postgraduate in Computer Science from University of Mumbai.

Item No. 4: Appointment of Independent Director

To appoint Mr. Harish Chander Khurana (DIN: 11473818) as Independent Director for a term of 1 year commencing from January 30, 2026 to January 29, 2027. He was appointed as Additional Independent Director effective January 30, 2026.

Profile: Mr. Khurana is a seasoned banking professional with over 35 years of experience at Bank of India, holding key positions including Recovery Officer, Relationship Manager, Branch Manager, and Public Relations Officer. Holds advanced degrees in Commerce and Hindi with certifications in Cyber Law and CAIIB.

Item No. 5: Change in Designation

Special Resolution to change designation of Mr. Uttam Ishwarlal Dave (DIN: 07266845) from Chairman and Whole Time Director to Chairman and Managing Director for 5 years effective May 29, 2026.

Item No. 6: Increase in Remuneration

Special Resolution to approve revision in remuneration of Mr. Uttam Dave effective February 01, 2026:

Monthly Remuneration Structure:

  • Basic Salary: ₹5,00,000
  • Special Allowance: ₹2,02,350
  • House Rent Allowance: ₹2,50,000
  • Leave Travel Allowance: ₹6,000
  • Statutory Bonus: ₹41,650
  • Ex-gratia: As approved by Nomination and Remuneration Committee
  • Perquisites: Mediclaim Insurance ₹5,00,000 (including spouse and 1 child)

Total Monthly Remuneration: ₹10,02,000 (excluding ex-gratia)

Annual Remuneration: ₹1,20,24,000 (excluding ex-gratia)

The resolution allows total remuneration to exceed 5% of net profits and total managerial remuneration to exceed 10% of net profits, within statutory ceiling of 11% of net profits.

Item No. 7: Related Party Transactions

Ordinary Resolution to approve material related party transactions under Section 188 of Companies Act, 2013 and Regulation 23 of SEBI LODR:

Table A - Entities where Mr. Uttam Dave is interested:

1. Nimit Global Foundation - Maximum business: ₹1 Crore

2. TVAM Collective Private Limited - Maximum business: ₹1 Crore

3. Thirty9 Studio Private Limited - Maximum business: ₹1 Crore

4. CombatVerse Private Limited - Maximum business: ₹2 Crore

Table B - Entities where Mr. Padmanabhan Desikachari is interested:

1. Indygen Labs Private Limited - Maximum business: ₹150 Crore

2. Healtech Software Private Limited - Maximum business: ₹150 Crore

3. IndyAstra Technologies Private Limited - Maximum business: ₹150 Crore

4. IndyRX Solutions Private Limited - Maximum business: ₹150 Crore

5. Indyfort Private Limited - Maximum business: ₹150 Crore

6. Indyfint Private Limited - Maximum business: ₹150 Crore

7. Appnomic Systems Private Limited - Maximum business: ₹150 Crore

Financial Performance Context (From Annexure B)

FY 2025-26 Financials:

  • Revenue from Operations: ₹98.022 crore
  • Net Profit: ₹4.9603 crore
  • Dividend: ₹0.10 per share

Historical Comparison:

  • FY 2024-25: Revenue ₹6.0375 crore, Net Profit ₹0.2441 crore, Dividend Nil
  • FY 2023-24: Revenue ₹0, Net Loss ₹0.1292 crore, Dividend Nil

Director Shareholding

Mr. Uttam Dave holds 57,54,106 equity shares in the company as of March 31, 2026.

Voting Arrangements

The company has appointed NSDL as authorized agency for e-voting facilities. Members holding shares in physical form must submit PAN details to company or Registrar and Share Transfer Agent Adroit Corporate Services Pvt. Ltd.

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