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ideaForge Allots 28,876 Equity Shares Under ESOP Scheme

ideaForge Allots 28,876 Equity Shares Under ESOP Scheme

September 16, 2025 / 15:43 IST
Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer

ideaForge Technology Limited announced the allotment of 28,876 equity shares under its Employee Stock Option Scheme 2018. The decision was approved by the Executive Committee of the Board on September 16, 2025.

The newly allotted shares have a face value of ₹10 each and will rank pari-passu with the existing equity shares of the company.

Following the allotment, the paid-up capital of the company has increased from ₹43,21,60,580 to ₹43,24,49,340, comprising 4,32,44,934 equity shares of ₹10 each fully paid-up from 4,32,16,058 equity shares of ₹10 each fully paid-up.

Details of Allotment
ParticularsDetails
Company NameideaForge Technology Limited
Registered OfficeEL-146, TTC Industrial Area, Electronic Zone MIDC, Mahape, Navi Mumbai, Maharashtra, 400710
Stock ExchangesNational Stock Exchange of India Limited (NSE), BSE Limited (BSE)
Filing DateAugust 03, 2023
Filing NumberNSE – NSE/LIST/36806 dated September 26, 2023 BSE - DSC/IPO/TL/ESOP-IP/2925/2023-24 dated September 26, 2023
Scheme TitleideaForge Employee Stock Option Scheme, 2018
SecurityEquity Shares
Par Value₹10
Date of IssueSeptember 16, 2025
Number of Shares Issued28,876
Share Certificate No.Not Applicable
Distinctive Number4,32,16,059 to 4,32,44,934
ISININE349Y01013
Exercise Price₹10
Premium-
Total Shares After Issue4,32,44,934
Total Share Capital After Issue₹43,24,49,340
Lock-in DetailsNot Applicable
Lock-in ExpiryNot Applicable
Identical SharesYes, the shares issued and allotted under Employee Stock Option Scheme, 2018 shall rank pari passu with the existing shares
Listing FeesNot Applicable

 

Alpha Desk
first published: Sep 16, 2025 03:43 pm

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