iStreet Network MD, chairman, board of directors and AGM
BSE: 524622IT - ServicesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹32.75.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹219 Cr2,496th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 54.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 13 Aug 2026
- 8.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 10.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 74,638
iStreet Network board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorUttam Ishwarlal Dave
- Company Secretary and Compliance OfficerPratibha Ranka
9 directors5 independent1 executive3 non-executive
- Uttam Ishwarlal Dave · Chairperson and managing directorExecutive · joined Jul 2025 · reappointed May 2026 · 12 months as independent · 1 listed board · 2 committee seats
- Yash MaheshwariNon-executive · joined Jul 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board
- Padmanabhan DesikachariNon-executive · joined Jul 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 committee seat, 1 as chair
- Eric AnklesariaIndependent · joined Jul 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent
- Satish GoelIndependent · joined Jul 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Ravikant BahetiIndependent · joined Feb 2025 · reappointed Sep 2025 · 17 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Rupashree ShrivastavaNon-executive · joined Sep 2025 · reappointed Sep 2025 · 11 months as independent · 0 listed boards
- Shailesh ChitreIndependent · joined Nov 2025 · 8 months as independent · 1 listed board · 1 as independent
- Harish Chander KhuranaIndependent · joined Jan 2026 · 6 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20268 of 9 present4 independent · 118 days in between
- 30 Jan 20269 of 10 present4 independent
Audit Committee
Chair Ravikant Baheti
Satish Goel, Uttam Ishwarlal Dave
- 29 May 20263 of 3 present2 independent
- 30 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ravikant Baheti
Padmanabhan Desikachari, Satish Goel
- 29 May 20263 of 3 present2 independent
- 30 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Padmanabhan Desikachari
Ravikant Baheti, Uttam Ishwarlal Dave
- 17 Apr 20263 of 3 present1 independent · 76 days in between
- 20 Mar 20263 of 3 present1 independent
Risk Management Committee
Chair Padmanabhan Desikachari
Ravikant Baheti, Yash Maheshwari
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s. S M MP & CompanyPeer-review certificate valid to May 2027
1 earlier auditor
- M/s. S M M P & COMPANYNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
iStreet Network AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.iStreet Network dividend history
Annual general meeting, 29 Sep 2026
12,630 shareholders on the register on 22 Sep 2026; present: 2 promoters and 58 others; votes counted by Jigar Darji / Jigar Darji & Associates, Company Secretaries.The company's voting result (opens in a new tab)
- Adoption of Financial Statements for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.99% · promoters 100.00% · institutions 61.75% · other public 0.00%
- To appoint director in place of Mr. Yash Maheshwari who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.83% · promoters 50.00% · institutions 61.75% · other public 0.00%
- To consider appointment of Mr. Shailesh Chitre (DIN: 10289263) as an Independent DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.99% · promoters 100.00% · institutions 61.75% · other public 0.00%
- To consider appointment of Mr. Harish Chander Khurana (DIN: 11473818) as an Independent DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.99% · promoters 100.00% · institutions 61.75% · other public 0.00%
- To consider and approve change in the desigantion of Mr. Uttam Ishwarlal Dave (DIN: 07266845) from Chairman and Whole Time Director to Chairman and Managing DirectorSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.77% · promoters 50.00% · institutions 61.68% · other public 0.00%
- To consider and approve increase in remuneration of Mr. Uttam Ishwarlal DaveSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.83% · promoters 50.00% · institutions 61.75% · other public 0.00%
- To consider and approve related party transactions under section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.83% · promoters 50.00% · institutions 61.75% · other public 0.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBombay Stock ExchangeSince 13 Mar 2026
Regulation 31A(3)(a)(ii) / (iii) / (v) / (vii) Non-compliance with the requirements for reclassification of promoter / promoter group entity
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesSep 2025 | 83.00 | Working Capital | 26.10 | 0.00 | No | Audit committee: No adverse comment |
| Preferential IssuesSep 2025 | 83.00 | AI COE and Infra | 12.00 | 0.05 | No | Audit committee: No adverse comment |
| Preferential IssuesSep 2025 | 83.00 | Talent & Acquisition | 20.73 | 1.76 | No | Audit committee: No adverse comment |
| Preferential IssuesSep 2025 | 83.00 | Regional Expansion | 19.23 | 0.22 | No | Audit committee: No adverse comment |
| Preferential IssuesSep 2025 | 83.00 | Go-to Market and Marketing | 6.84 | 1.32 | No | Audit committee: No adverse comment |
| Preferential IssuesSep 2025 | 83.00 | Product Support Framework | 2.00 | 1.12 | No | Audit committee: No adverse comment |