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Awaiting price reaction for this filing.
iStreet Network Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption applies because the company's paid-up equity share capital does not exceed ₹10 crore and its net worth does not exceed ₹25 crore as on the last day of the previous financial year. The filing is procedural in nature and submitted to maintain compliance with BSE listing requirements.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap entity and is therefore exempt from a specific corporate governance reporting requirement.