iStreet Network Ltd — Dividend/Bonus, 11-12-2025: Corp. Action
11-12-2025 | 08:49 pm
11-12-2025 | 08:49 pm
iStreet Network's Board has approved a share consolidation plan. The company will reclassify 5 existing equity shares with a face value of Rs. 4/- each into 2 new shares with a face value of Rs. 10/- each. This move aims to align with industry standards, enhance capital structure stability, and attract institutional investors by fostering a more serious and long-term investor base. It also expects to reduce overhead costs and provide flexibility for future corporate actions. The plan requires regulatory and shareholder approvals and is anticipated to conclude within three months.
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