BSECompany Update23h ago · 13 Aug 2026, 07:29 pm
Allotment of Equity Shares pursuant to exercise of conversion of warrants
iStreet Network Ltd · 524622
✦ AI SummaryFundraise
iStreet Network Ltd has allotted 4,16,667 equity shares to a warrant holder, Niranjan A. Shukla, upon conversion of warrants at ₹ 4.5 per share, aggregating to ₹ 18,75,001. The paid-up equity share capital of the Company has increased from ₹ 28,48,00,012 to ₹ 28,64,66,680.
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iStreet Network Ltd - 524622 - Announcement under Regulation 30 (LODR)-Allotment
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August 13, 2026
The Department of Corporate Services,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400001
Scrip Code: 524622
Dear Sir/ Madam,
Sub: Intimation of Allotment of Equity Shares pursuant to Conversion of Warrant by the Warrant holder(s)
Pursuant to Regulation 30 of the SEBI (listing Obligation and Disclosure Requirement) Regulations, 2015, as amended
(“Listing Regulations”), we wish to hereby inform you that the Board of Directors of Company at their meeting held
today i.e. Thursday, August 13, 2026 has inter alia, considered and approved the conversion of 4,16,667 warrants into
4,16,667 Equity Shares of face value of ₹ 4 each issued to the below mentioned Warrant holder(s) as detailed in
Annexure A, pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions
of SEBI ICDR Regulations, 2018.
The allotment has been made for cash, upon the receipt of the exercise price of ₹ 4.5 per Share Warrant (being an
amount equivalent to the 75% of the Warrant Issue price of ₹ 6 per Warrant), aggregating to ₹ 18,75,001 (Rupees
Eighteen Lakhs Seventy-Five Thousand One Only).
These equity shares allotted on conversion of the warrants shall rank pari-passu, in all respects with the existing equity
shares of the Company, including dividend, if any.
Post the allotment of afore-mentioned equity shares, the paid-up equity share capital of the Company has increased
from ₹ 28,48,00,012 (Twenty-Eight Crore Forty-Eight Lacs and Twelve Only) to ₹ 28,64,66,680 (Twenty-Eight Crore Sixty-
Four Lacs Sixty-Six Thousand Six Hundred and Eighty Only)
The details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure B to this letter.
We request you to kindly take note of the same.
For iStreet Network Limited
Pratibha Ranka
Company Secretary and Compliance O(cid:431)icer
Annexure A
The names of the allottees of Equity Shares pursuant to Conversion of Warrants
allotted on Preferential Basis:
Sr. Name of Warrant Category No. of No. warrants No. of Amount
No holder(s) warrants held applied Equity shares Received
for allotted being 75% of the
conversion issue price
per warrant
(in ₹)
1 Niranjan A. Public 4,16,667 4,16,667 4,16,667 18,75,001
Shukla
Total 4,16,667 4,16,667 4,16,667 18,75,001
Annexure B
The details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are as under:
Sr. No Particulars Description
1 Type of securities issued Equity Shares pursuant to conversion of warrants.
2 Type of issuance Preferential allotment, on a private placement basis
3 Total number of securities issued Issue of 4,16,667 Equity Shares of face value of ₹ 4 each
or the total amount for which the upon conversion of equal number of Warrants at an issue
price of ₹ 6 each (Rupees Six only) upon receipt of balance
securities issued (approximately)
amount at the rate of ₹ 4.5 (Rupees Four and Fifty Paisa
Only) per warrant (being 75% of the issue price per warrant)
aggregating to ₹ 18,75,001 (Rupees Eighteen Lakhs Seventy-
Five Thousand and One Only).
Additional information in case of preferential issue:
4 Name of the Allottee As per Annexure A
5 Post allotment of securities Post the allotment of afore-mentioned equity shares, the paid-up
Outcome of the subscription, equity share capital of the Company has increased from ₹
28,48,00,012 (Twenty-Eight Crore Forty-Eight Lakhs and Twelve
Only) to ₹ 28,64,66,680 (Twenty-Eight Crore Sixty-Four Lacs Sixty-
Six Thousand Six Hundred Eighty Only)
Issue price / allotted price (in Warrants had been allotted on November 28, 2025 carrying a
right to subscribe to 1 Equity Share per warrant on receipt of
case of convertibles),
amount at the rate of ₹ 1.5 per warrant (being 25% of the issue
price per warrant).
Now, 4,16,667 Equity Shares have been allotted on receipt of
balance amount at the rate of ₹ 4.5 per warrant (being 75% of
the issue price per warrant)
Number of investors 1(One)