Business
Transfer of Shares
Pursuant to the BSE circular no. vide LIST/COMP/15/2018 dated July 05, 2018 transfer of shares held in physical form by a shareholder will not be possible with effect from 5th December, 2018; this restriction, however, shall not be applicable in case of transmission or transposition of shares. In view of the regulatory requirements referred to above, in the event you wish to transfer any shares of the Company held in physical form you will not be able to do so after 4th December, 2018. You may therefore, in your own interest, get such shares dematerialised.
Mandatory update of PAN and Bank details
Pursuant to SEBI circular SEBI/HO/MIRSD/DOP1/CIR/P/2018/73 dated 20th April 2018, shareholders whose ledger folios have incomplete details with respect to PAN and Bank particulars are mandatorily required to furnish these details to the Issuer Company/RTA for registration in their respective folio. You are requested to submit the following documents immediately to Company’s Registrar and Transfer Agent (RTA):
- Enclosed form duly filled in and signed by all the shareholders.
- Self-attested legible copy of Pan Card of all the holders (residents of Sikkim can provide valid Identity proof issued by the Government).
- Cancelled personalized cheque leaf (In absence of personalized cheque, self-attested copy of first page of pass book) which contains the Bank A/c No., Bank Name, type of account, IFSC
- Code, MICR Code and the name of the shareholder
- Address proof (self-attested copy of Aadhaar/ passport/utility bill (not older than 3 months)
Public announcement for physical securities holders seeking
PAN, Nomination and bank account details of all Physical
Securities holders 
You may
also register your email ID, mobile no. and
Nominee (Form SH-13)
SEBI circular for for Updation of KYC and Nomination details
Our reputation is earned by our conduct: what we say, what we do, the products we provide, the services we offer and the way we act. We on an ongoing basis continue to believe strongly in adopting and adhering to the best corporate governance practices and benchmarking ourselves against the industry’s best practices. It is our endeavour to achieve the highest levels of governance as a part of its responsibility towards the shareholders and other stakeholders.
We believe success requires the highest standards of
corporate ethics towards everyone we work with, the
communities we serve, and the environment we impact. This is
our road to sustainable, profitable growth to create
long-term value for our people, customers and
shareholders.
We have an active, capable and diligent
management and leadership team that understands its role in
implementing rigorous financial discipline, risk metrics and
gold standard corporate governance. The above principles
have been the guiding force for whatever we do and shall
continue to be so in the years to come.
A message to our Shareholders
“A fundamental measure of our success will be the shareholder value we create over the long term.” From the very beginning, our emphasis has been on the long term and as a result, we may make decisions and weigh tradeoffs differently than some other companies. Accordingly, it is important for you, our shareholders, to understand our fundamental management and decision-making approach so that you may ensure that it is consistent with your own investment philosophy. We will continue to:
- Focus relentlessly on our customers/network partners.
- Make bold investment decisions in light of long-term leadership considerations rather than short-term profitability considerations.
- There is more innovation ahead of us than behind us, and to that end, we are committed to extending our leadership in e-commerce in a way that benefits customers and therefore, inherently, investors – you can’t do one without the other. Some of these bold investments will pay off, others will not, but we will have learned a valuable lesson in either case.
- Work hard to spend wisely and maintain our lean culture. We understand the importance of continually reinforcing a cost-conscious culture.
- Focus on hiring and retaining versatile and talented employees, and weight their compensation to significant stock ownership rather than cash. We know our success will be largely affected by our ability to attract and retain a motivated employee base, each of whom must think like, and therefore must actually be, an owner.
- We are firm believers that the long-term interests of shareholders are tightly linked to the interests of our customers. If we do our jobs right, today’s customers will buy more tomorrow, we’ll add more customers in the process, and it will all add up to more cash flow and more long-term value for our shareholders.
We thank you, our owners, for your support, your encouragement, and for joining us on this adventure. If you’re a customer, we thank you again!
The Board has appointed various committees to assist it in discharging its responsibilities. The Board has adopted charters setting forth the roles and responsibilities of each of the committees as well as qualifications for committee membership, procedures for committee members’ appointment and removal, committee structure and operations and reporting to the Board. The Board may constitute new committees or dissolve any existing committee as it deems necessary for the discharge of its responsibilities.
Composition
- Mr. Ravikant Baheti - Chairman, Independent Director
- Mr. Satish Goel - Member, Independent Director
- Mr. Uttam Dave - Member, Whole Time Director
Composition
- Mr. Ravikant Baheti - Chairman, Independent Director
- Mr. Satish Goel - Member, Independent Director
- Mr. Padmanabhan - Member, Non- Executive Director
Composition
- Mr. Uttam Dave - Chairman, Whole Time Director
- Mr. Rakesh Rathi - Member, Managing Director
- Mr. Padmanabhan - Member, Non- Executive Director
Composition:
- Mr. Ravikant Baheti - Chairman, Independent Director
- Mr. Eric Anklesaria - Member, Independent Director
- Mr. Satish Goel - Member, Independent Director
Composition:
- Mr. Padmanabhan - Chairman, Non- Executive Director
- Mr. Ravikant Baheti - Member, Independent Director
- Mr. Uttam Dave - Member, Whole Time Director
Composition:
- Mr. Padmanabhan - Chairman, Non-Executive Director
- Mr. Ravikant Baheti - Member, Independent Director
- Mr. Yash Maheshwari - Member, Non-Executive Director
Composition
- Rakesh Rathi - Chairman, Managing Director
- Ravikant Baheti - Member, Independent Director
- Pratibha Ranka - Member, Company Secretary
Listing Information
The Company’s shares are listed at the Bombay Stock Exchange – Security Code: 524622.
Depositories
The Company has joined both the Depositories viz. National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Connectivity to both the Depositories has been established through our Registrars and Transfer Agents, Adroit Corporate Services Private Limited.
As on March 31 2025, 93.49% of the total equity share capital of the Company (NSDL – 64.79% and CDSL – 28.70%) has been dematerialised.
International Securities Identification Number (ISIN)
The Company’s scrips form part of the SEBI’s Compulsory demat segment bearing ISIN No. INE532B01020.
Corporate Identity Number (CIN)
The Company’s CIN, allotted by the Ministry of Corporate Affairs, Government of India,is L62013MH1986PLC040232. The Company is registered at Mumbai in the State of Maharashtra, India.
For any query regarding your dematerialisation, please contact:
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 42270400
Fax: +91
(0)22-28503748
E-Mail: info@adroitcorporate.com
Website: www.adroitcorporate.com
Contact: Mr.
Praful Shah/Mr.
Sandeep Holam
Dear Shareholder,
Re: Green Initiative in Corporate Governance
The Ministry of Corporate Affairs (“Ministry”) has undertaken a “Green Initiative in Corporate Governance” by allowing paperless compliances by companies through electronic mode. In accordance with the recent circular bearing no.17/2011 dated 21.04.2011 and 18/2011 dated 29.04.2011 issued by the Ministry, companies can now send various notices /documents (including notice calling Annual General Meeting, Audited Financial Statements, Directors’ Report, Auditors Report etc) to their shareholders through electronic mode, to the registered email addresses of the shareholders.
It is a welcome move for the society at large, as this
will reduce paper consumption to a great extent and allow
public at large to contribute towards a greener
environment.
This is also a golden opportunity for
every shareholder of iStreet Network Limited (the Company)
to contribute to the environment. All you have to do is to
register your e-mail id with the Company to receive
communication through electronic mode.
ADVANTAGES OF REGISTERING FOR E-COMMUNICATION:
- Receive communication promptly
- Reduce paper consumption and save trees
- Eliminate wastage of paper
- Avoid loss of document in postal transit
- Save costs on paper and on postage
We therefore request all our shareholders to contribute to the cause by filling up the form for registering your email ID.
REGISTRATION FORM: PLEASE CLICK HERE
Alternatively, you can register your email ID with your Depository Participant as well.
Kindly note that if you wish to get a hard copy/ physical copy of all the communications, the Company undertakes to provide the same at no extra cost to you.
We look forward to your active participation in this ‘Green Initiative’.
Company Secretary
Makwana Road, Marol Naka, Mumbai 400059
+91-22-2859 4060
+91-22-2859 6060
Email: info@istreetnetwork.com
Secretarial Auditors: Ms. Neha Poddar, Practicing Company Secretary
Internal Auditors: RDJ & Associates LLP
The venue, exact date and time of AGM is posted on the BSE website and our Company website before the AGM every year.
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
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.
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 investor@istreetnetwork.com