The approval was granted via letter reference LOD/PREF/SS/FIP/913/2026-27 dated October 09, 2026 from BSE Limited. The shares have a face value of ₹4 each and were issued at a premium of ₹2 each, bearing distinctive numbers from 71200004 to 71616670.
The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations and any subsequent specifications from SEBI. Additionally, if there is any change exceeding two percent of the total paid-up share capital, the company must file the shareholding pattern in XBRL mode as required under Regulation 31(1)(c) of SEBI LODR Regulations, 2015.
Trading approval for these shares will only be granted after the company submits the following to the Exchange:
- Listing approval from the National Stock Exchange of India Ltd. (if applicable)
- Confirmation letters from NSDL/CDSL about crediting the shares to respective beneficiary accounts/admitting the capital to the depository system
- Confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
As per Schedule XIX of ICDR Regulations and SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, the company must apply for trading approval within seven working days from the date of grant of listing approval. Non-compliance with this requirement will attract fines as specified in the SEBI circular.
The communication was signed by Uttam Dave, Managing Director of iStreet Network Limited, and the response from BSE Limited was signed by Nitinkumar Pujari (Assistant Vice President) and Akshata Mhatre (Deputy Manager).