StockWatch
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Internet & Catalogue Retail
Management Change29 May 2026, 09:31 pm

iStreet Network: Uttam Dave Appointed Chairman & MD

AI Summary

iStreet Network Ltd announced the change in designation of Mr. Uttam Dave from Chairman and Whole Time Director to Chairman and Managing Director, effective May 29, 2026. This decision, based on the Nomination and Remuneration Committee's recommendations, is subject to shareholder approval at the upcoming general meeting. Mr. Dave's term is set for 5 years, commencing May 29, 2026, and ending May 28, 2031. He is not debarred from holding the office of Director by any SEBI order.

Key Highlights

  • Uttam Dave appointed as Chairman and Managing Director of iStreet Network.
  • Appointment effective May 29, 2026, subject to shareholder approval.
  • Dave's term is for 5 years, from May 29, 2026, to May 28, 2031.
  • The decision was based on the Nomination and Remuneration Committee's recommendation.
  • Uttam Dave is not debarred from holding the office of Director.