iStreet Network Ltd — Important, 02-09-2025: Company Update

iStreet Network Limited has completed a preferential issue, allotting 4.88 Cr Equity Shares at ₹6 each to 54 investors. Additionally, the company issued 9.60 Cr Warrants at ₹6 each to 83 investors, including promoters. These warrants are convertible into an equivalent number of equity shares. This capital raise significantly increases the company's potential shares outstanding to 16.61 Cr, assuming full warrant conversion. This move aims to strengthen the company's financial position, bringing in fresh capital and demonstrating promoter confidence through warrant participation.