Ideaforge Technology Limited Allots 1,256 Shares Under ESOP Scheme

Ideaforge Technology Limited Allots 1,256 Shares Under ESOP Scheme​

Ideaforge Technology Limited announced that its Executive Committee of the Board approved the allotment of equity shares under its Employees Stock Option Scheme, 2018. The approval, confirmed on May 25, 2026, pertains to the exercise of vested stock options.

The Board approved the allotment of 1,256 equity shares, each having a face value of Rs. 10/-. These shares were allotted towards the exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018. The Company affirmed that these newly allotted shares will rank pari-passu with the existing equity shares in all respects.

The allotment results in a notable increase in the Company's paid-up capital. Before the allotment, the paid-up capital stood at Rs. 43,38,76,410, comprising 4,33,87,641 fully paid-up equity shares of Rs. 10/- each.

Following the allotment, the paid-up capital increased to Rs. 43,38,88,970. This total capital now consists of 4,33,88,897 fully paid-up equity shares of Rs. 10/- each.

The allotment solidifies the capital structure of Ideaforge Technology Limited, with the newly issued shares maintaining parity with the existing share capital of the Company.

IDEAFORGE Stock Price Movement​

Shares of Ideaforge Technology Limited are surging to ₹814.7 as of 2:35 PM today, gaining 4.99% in live trading. The stock is showing significant intraday momentum, trading on a robust volume of 188,061 shares.