524622 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/524622/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usTue, 28 Apr 2026 00:00:00 +0000Listing of New Securities of iStreet Network Limited (Scrip Code 524622)https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-28-e4c5c0f82a75be1a-listing-of-new-securities-of-istreet-network-limited/Tue, 28 Apr 2026 10:34:55 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-28-e4c5c0f82a75be1a-listing-of-new-securities-of-istreet-network-limited/BSE informs trading members that 4,51,66,668 new equity shares of iStreet Network Limited are listed and permitted to trade from April 29, 2026, issued on a preferential basis at Rs. 6/- per share.bselistingmediummediummediume4c5c0f82a75be1ahttps://www.bseindia.com/downloads/UploadDocs/Notices/20260428-15/20260428-15.pdf524622listingnew-securitiesequitypreferential-allotmentistreet-network524622lock-inSummary

BSE has listed 4,51,66,668 new equity shares of iStreet Network Limited (Scrip Code: 524622) effective April 29, 2026. These shares, issued at Rs. 6/- per share (face value Rs. 4/- with a premium of Rs. 2/-), were allotted on a preferential basis to promoters and non-promoters across three allotment dates in late 2025.

Key Points

  • Total new shares listed: 4,51,66,668 equity shares
  • Issue price: Rs. 6/- per share (Rs. 4/- face value + Rs. 2/- premium)
  • ISIN: INE532B01020
  • Scrip Code: 524622
  • Trading commencement: Wednesday, April 29, 2026
  • Shares rank pari-passu with existing equity shares
  • Lock-in details applicable as per annexure

Regulatory Changes

No new regulatory changes. This is a standard listing notice under BSE’s Listing Operations framework for newly allotted securities.

Compliance Requirements

  • Trading members are informed to note the new securities available for trading from April 29, 2026
  • Lock-in restrictions apply to specified shares as per the attached annexure; trading members must ensure compliance with lock-in periods

Important Dates

Event Date
First allotment (93,83,332 shares) 28 November 2025
Second allotment (1,37,83,335 shares) 30 November 2025
Third allotment (2,20,00,001 shares) 04 December 2025
Trading commencement on BSE 29 April 2026

Impact Assessment

The listing of approximately 4.52 crore new equity shares on a preferential basis represents a significant capital raise for iStreet Network Limited. Existing shareholders face equity dilution. The shares are allotted at Rs. 6/-, which provides context for market pricing. Lock-in restrictions on a portion of these shares (as per annexure) will limit near-term selling pressure from allottees. Overall market impact is moderate and company-specific.

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