Ideaforge Technology Limited has announced a postal ballot notice seeking shareholder approval for two key resolutions. The first resolution pertains to raising funds in one or more tranches through the issuance of Equity Shares and/or other eligible securities, with an aggregate amount of up to ₹5,000 million (approximately ₹500 crore). This fundraising can be done through various modes including Qualified Institutional Placement (QIP), preferential allotment, or private placement. The second resolution is to approve the alteration of the Articles of Association of the Company. This alteration is aimed at aligning the definition of 'Promoter' within the Articles with the definition prescribed under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The e-voting period for the postal ballot commences on Friday, June 05, 2026, at 9:00 AM IST and concludes on Saturday, July 04, 2026, at 5:00 PM IST. Shareholders whose names appear in the Register of Members or beneficial owners as of Friday, May 29, 2026, are eligible to vote electronically. The results of the voting will be announced no later than Monday, July 06, 2026. Mr. S. N. Viswanathan or Ms. Ashwini Vartak have been appointed as Scrutinizers to conduct the postal ballot process.
