Ideaforge Technology Limited — QIP/Rights/Pref., 10-01-2025: Allotment of Securities

ideaForge Technology Limited has approved the allotment of 8,198 equity shares under its Employees Stock Option Scheme, 2018, with a face value of Rs. 10 each. Following this allotment, the paid-up capital will increase to Rs. 43,04,52,180, comprised of 4,30,45,218 equity shares. This move not only rewards employees with vested stock options but also enhances their stake in the company's growth, reflecting a commitment to incentivizing talent. The newly issued shares will rank equally with existing shares.