Istreet Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/12/2025 ,inter alia, to consider and approve allotment of equity shares ....
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Awaiting price reaction for this filing.
iStreet Network Ltd has informed BSE that its Board of Directors will meet on Thursday, December 04, 2025, on shorter notice. The main agenda is to consider and approve the allotment of equity shares and warrants to proposed allottees. No further details on the number of shares, pricing, identity of allottees, or purpose of the issue have been disclosed in this intimation. The filing is made under Regulation 29 of the SEBI LODR Regulations, 2015.
This signals potential equity dilution for existing shareholders as new shares and warrants are set to be issued. Investors should watch for the next announcement with pricing and allottee details, as this could influence short-term share price movement depending on the issue price relative to market value.