iStreet Network Board Approves Unaudited Results, Related Party Transactions
iStreet Network Ltd held a board meeting on August 13, 2026, where they approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. The board also approved related party transactions with entities where the Chairman and Managing Director, Mr. Uttam Dave, is interested, up to an amount of ₹2 Crore. Additionally, transactions with entities where Non-Executive Director Mr. Padmanabhan Desikachari is interested were approved, with a maximum amount of ₹150 Crore per company. The company also appointed M/s. Jigar Darji & Associates as Secretarial Auditor for FY 25-26 and M/s. RDJ and Associates as Internal Auditor for FY 26-27.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Related party transactions approved up to ₹2 Crore for CMD's interests.
- Related party transactions approved up to ₹150 Crore per company for Non-Executive Director's interests.
- Secretarial Auditor appointed for FY 25-26.
- Internal Auditor appointed for FY 26-27.
Price Impact
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iStreet Network Board Meeting on Aug 13 to Approve Unaudited Results