Ideaforge Allots 7,026 Equity Shares Under ESOP Scheme, 2018
ideaForge Technology Limited allotted 7,026 equity shares under its ESOP Scheme, 2018 on February 16, 2026. The allotment increased the paid-up capital to ₹43,27,51,720 from ₹43,26,81,460.
The allotment of a relatively small number of shares under an ESOP scheme is a routine event and is unlikely to have a material impact on the company's overall valuation or business operations.
The announcement pertains to the routine allotment of shares under an employee stock option scheme, which is a standard corporate action and does not significantly impact the company's financial performance or market position.
ideaForge Technology Limited announced on February 16, 2026, the allotment of 7,026 Equity Shares under the ideaForge Employees Stock Option Scheme, 2018. These shares, each with a face value of ₹10, will rank pari-passu with the existing equity shares of the company in all respects.
The allotment has resulted in an increase of the company's paid-up capital. Prior to this allotment, the paid-up capital was ₹43,26,81,460, comprising 4,32,68,146 equity shares of ₹10 each. Post-allotment, the paid-up capital has increased to ₹43,27,51,720, consisting of 4,32,75,172 equity shares of ₹10 each.
This disclosure is made in accordance with Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The details of the allotment, including the number of shares issued, exercise price, and post-allotment capital, are provided in Annexure-A. The company has also uploaded this information on its website.
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Ideaforge Technology Limited filed this with the NSE as a statutory disclosure, categorised under designated person disclosures. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Ideaforge Technology Limited. Read the original for the full detail.