ideaForge allots new shares under employee stock option scheme

On October 10, 2025, ideaForge Technology Limited's executive committee approved the allotment of 4,669 equity shares, each with a face value of INR 10. These shares were issued following the exercise of vested stock options under the ideaForge Employee Stock Option Scheme, 2018, and will rank pari-passu with existing equity shares.

This allotment increases the company's paid-up capital from INR 43,24,49,340 (comprising 4,32,44,934 equity shares) to INR 43,24,96,030 (comprising 4,32,49,603 equity shares). The exercise price per share for these new allotments was INR 10. The company also confirmed that these shares are identical in all respects to existing shares and are not subject to any lock-in period.

The relevant disclosure details, as required by Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, have been provided, confirming adherence to regulatory standards. The company's shares are listed on the National Stock Exchange of India Limited and BSE Limited.