iStreet Network Ltd — Important, 01-12-2025: Company Update

iStreet Network Limited's Board approved the allotment of 93,83,332 equity shares and 2,44,50,002 warrants through a preferential issue. Each share and warrant was issued at ₹ 6. The total amount paid for equity shares was approximately 5.63 Cr, while warrants had a consideration of about 14.67 Cr, with 3.67 Cr received initially. This capital infusion, approved by shareholders, is set to boost the company's financial standing. The equity shares from warrant conversion will be listed on BSE.