Ideaforge Technology has informed that the Executive Committee of the Board of the ideaForge Technology (Company) on March 19, 2025 has approved the allotment of 3,041 Equity Shares having face value of Rs 10 each towards the exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018. These shares shall rank pari-passu with the existing equity shares of the Company in all respects. Post allotment, the paid-up capital of the Company stands increased from Rs. 43,07,69,340 comprising of 4,30,76,934 equity shares of Rs 10 each fully paid-up to Rs. 43,07,99,750/- comprising of 4,30,79,975 equity shares of Rs 10 each fully paid-up. The details as required under Part E pursuant to Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, (SEBI SBEBSE Regulations) for ESOP 2021 are enclosed as ‘Annexure -A’ respectively. This is for information and records. The above is being uploaded on the website of the Company at www.ideaforgetech.com.
The above information is a part of company’s filings submitted to BSE.
