iStreet Network Receives BSE Trading Approval for 11.17 Lakh Shares

Key Quantitative Figures

The approval covers 11,16,667 equity shares of face value ₹4 each, issued at a premium of ₹2 per share. The total issue price per share is ₹6. The distinctive numbers of the shares are from 68300003 to 69416669.

Dates of Action and Effectiveness

The BSE approval letter is dated June 17, 2026 (LOD/PREF/VJ/338/2026-2027). The trading of these securities on the exchange is approved to commence effectively from Thursday, June 18, 2026.

Parties Involved

The equity shares were issued to non-promoters. The approval was granted by BSE Limited. The company's correspondence was signed by Pratibha Ranka, Company Secretary and Compliance Officer. The BSE approval letter was issued by Janardhan Wagle, Deputy Vice President, and Dhananjay Apte, Deputy Manager.

Capital Structure Impact

The issuance results from the conversion of warrants previously allotted on a preferential basis to non-promoters, leading to a change in the company's share capital and the public shareholding pattern.