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Ideaforge Technology Allots 14,451 Equity Shares Under ESOP Scheme

Ideaforge Technology Limited

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January 13, 2026, 11:07 AM

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IdeaForge Technology Limited announced on January 13, 2026, the approval for the allotment of 14,451 Equity Shares of face value Rs. 10 each. This allotment is under the ideaForge Employees Stock Option Scheme, 2018, towards the exercise of vested stock options.

The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects. Following this allotment, the company's paid-up capital has increased from Rs. 43,25,36,950 comprising 4,32,53,695 equity shares of Rs. 10 each, to Rs. 43,26,81,460 comprising 4,32,68,146 equity shares of Rs. 10 each.

The company has provided disclosures as required under Part E of Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, for its ESOP 2021. These details, including the number of shares issued, exercise price, and total issued share capital post-issue, are available as an annexure to the announcement and have been uploaded to the company's website.

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