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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
iStreet Network Ltd has filed its quarterly statement confirming that funds raised through a preferential issue on September 26, 2025, totalling approximately Rs 83 crore, are being utilised as per the disclosed objects with no deviation. The Audit Committee reviewed the utilisation on May 29, 2026 and raised no adverse comments. Of the six allocated purposes, Working Capital has been nearly fully utilised (Rs 25.8 crore of Rs 26.1 crore), while AI COE & Infrastructure shows 62% utilisation. Other categories like Talent & Acquisition, Regional Expansion, and Go-to-Market have lower utilisation rates, indicating ongoing deployment rather than a change in purpose.
For shareholders, this is a routine compliance filing with no red flags. The fund deployment appears to be progressing as planned, with Working Capital already deployed while growth-oriented initiatives like regional expansion remain in early stages. No material impact on stock expected.