Ideaforge Technology Limited — QIP/Rights/Pref., 22-04-2025: Allotment of Securities

ideaForge Technology Limited's Executive Committee has approved the allotment of 94,118 equity shares under the Employees Stock Option Scheme, 2018, with a face value of Rs. 10 each. This allotment increases the paid-up capital to Rs. 43,17,40,930, comprising 4,31,74,093 equity shares. The shares will rank identical to existing equity shares in all respects. The exercise price for the options was Rs. 10 per share, and the allotment aligns with the company’s efforts to incentivize and retain talent.