Investor FAQ

> When and where was iStreet first incorporated?

iStreet was incorporated under the laws of India on June 26, 1986 as Principal Marketing Group Private Limited. The Company’s name was changed to Principal Pharmaceuticals and then to iStreet Network Limited on April 18, 2013.

> What is the address of registered office of iStreet?

Unit No. 107, Sonal Industrial Estate, Linking Road, Kanchpada, Malad (West), Mumbai – 400064, Maharashtra, INDIA

Email : info@istreetnetwork.com

> How much time it takes to dematerialise my shares?

It takes 10-15 days to process your request after receipt of the physical documents as well the electronic entry from the DP.

> Who can I contact for grievances and complaints?

Please contact us at investors@istreetnetwork.com

> What is the face value of the Shares of the Company?

Face value of equity shares of the Company is Rs. 4 per share.

> What is the paid-up capital of the Company?

The paid up capital as on March 31, 2023 is Rs 8,52,00,000 divided into 2,13,00,000 shares of Rs. 4 each.

> How can I purchase iStreet stock?

iStreet Network Ltd is traded on BSE under the symbol ISTRNETWK. To purchase iStreet stock, please consult a stockbroker.

> Is the Company traded under derivative segment?

No.

> What is a Depository System?

Depository system is the system in which your shareholding is kept in the electronic form with a Depository Participant (DP). Your DP will give you a statement showing the credit of the shareholding of all the Companies that you hold in that account.

> Who are the Statutory Auditors, Secretarial Auditors and Internal Auditors of the Company?

Statutory Auditors: M/s SMMP & Associates, Chartered Accountants
Secretarial Auditors: Ms. Neha Poddar, Practicing Company Secretary
Internal Auditors: RDJ & Associates LLP

> Which accounting principles does iStreet use?

The financial statements are prepared according to the Indian Accounting Standards (Ind AS)

> Does iStreet pay dividend on its stock? At what rate and when is it paid?

Company has not paid any dividend to date.

> Who is iStreet’s Registrar and transfer agent?

Adroit Corporate Services Pvt.Ltd.
17-20, Jafferbhoy Ind. Estate,
1st Floor, Makwana  Road,
Marol Naka, Andheri (E), Mumbai 400059, India.
Tel: +91 (0)22 42270427| Fax: +91 (0)22 28503748

> Where does the Annual General Meeting (AGM) take place?

In past, the Company’s Annual General Meetings (AGM) have taken place at On Toes One Up Banquets ,1st Floor , Palm Spring , Link Road, Malad West, Mumbai 400064.

The venue, exact date and time of AGM is posted on the BSE website and our Company website before the AGM every year.

> Who is a DP? And what does he do?

DP is the connection between yourself and the Company through the Depositories viz. National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL). They maintain your account, make entries in your account when you transact, take your physical share certificates and do the dematting on your behalf.

> How can I change my correspondence address for annual report to shareholders and other Company communications?

As a shareholder, you would have opted to receive shareholder communication including annual report in either electronic format (via email) or in physical format (by post). You will have to accordingly change your email address or postal address, as applicable.

If you hold company’s shares in electronic form (Demat form), please contact your Depository Participant (DP) / broker for change of address.

If you hold company’s shares in physical form, please write to company’s Registrar and Transfer Agent along with your DP and Client ID at:

Adroit Corporate Services Pvt.Ltd.
17-20, Jafferbhoy Ind. Estate,
1st Floor, Makwana  Road,
Marol Naka, Andheri (E), Mumbai 400059, India.
Tel: +91 (0)22 42270427| Fax: +91 (0)22 28503748

> What are the benefits of opening a Depository Account / Depository System ?

The benefits of holding shares in electronic form with a DP are:

  • Elimination of postal delays.
  • Elimination of bad deliveries.
  • Elimination of loss of certificates in transit.
  • Elimination of fake, forged, counterfeit transfers.
  • No stamp duty on transfer.
  • Reduction in transaction costs like brokerage, postage etc
  • Immediate ownership of securities on settlement.
  • Minimized paper work.
> Why haven’t I received my annual report?

There can be a few reasons why you may not have received your annual mailing:

– You were not a shareholder as of the record date.

– You have moved within the last year and have not had the chance to update your mailing address with your depository. Please make sure your depository has your most current mailing address.

– You have opted to receive information electronically and hence an electronic copy has been emailed to your registered email address

Nevertheless, we would be more than happy to send you the Annual Report . Please send your request to investors@istreetnetwork.com