Receipt of Listing approval for listing of 18,33,334 equity shares issued to non-promoters on preferential basis pursuant to conversion of warrants
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iStreet Network Ltd has received listing approval from BSE for 18,33,334 equity shares (face value Rs. 4/- each with Rs. 2/- premium) issued to non-promoters on preferential basis through conversion of warrants. The listing approval letter was dated May 21, 2026, and the company received intimation of this on May 25, 2026. The shares bear distinctive numbers from 66466669 to 68300002. Before trading can begin, the company must obtain NSE listing approval (if applicable), confirmation letters from NSDL/CDSL for share crediting, and confirmation of lock-in on pre-preferential holdings. Trading approval must be filed within seven working days from the listing approval date.
Conversion of warrants into equity shares will increase the company's paid-up capital and dilute existing shareholders. Since the shares were issued to non-promoters, this expands the public shareholding base.