Ideaforge Technology Limited — Important, 28-02-2025: General Updates

The Supreme Court of India has allowed ideaForge Technology Limited to withdraw their Special Leave Petition (SLP) concerning a prior order from the High Court of Judicature at Madras. The Company is now consulting with its legal advisors to pursue a discharge request in the trial court. Importantly, this withdrawal is expected to have no additional impact on the Company's financial position. Stakeholders should watch this situation closely as the Company navigates these legal proceedings and updates will continue to be provided.