Outcome of the Board Meeting held on January 30, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
iStreet Network's board approved the unaudited financial results for Q3 and nine months ended December 31, 2025, along with the limited review report. The board also approved a sharp 10x hike in monthly remuneration for two individuals — Mr. Uttam Ishwarlal Dave and Mr. Rakesh Rathi — from Rs. 1,00,000 to Rs. 10,00,000 per month, effective February 1, 2026, subject to shareholder approval. Mr. Harish Khurana was appointed as an Additional Independent Director on the board. Additionally, the board adopted a comprehensive set of internal IT security and HR policies (29 policies covering cybersecurity, data protection, POSH, DEI, and more).
The 10x remuneration hike for two executives is significant and may raise governance questions among retail investors, especially since it requires shareholder approval. The new Independent Director addition and the formalization of internal policies are routine governance steps that could be viewed positively.