ideaForge shareholders adopt FY26 financials, reappoint director with 99.9% support

ideaforge technology shareholders overwhelmingly approved the adoption of its audited financial statements for FY26 and the reappointment of Ashish Bhat as Whole-time Director during its 19th Annual General Meeting held on August 05, 2026. The resolutions passed with near-unanimous support, reflecting strong stakeholder confidence in the company’s governance and financial reporting. The meeting was conducted via Video Conferencing and Other Audio-Visual Means (VC/OAVM), presided over by Independent Director Vikas Balia in the absence of Chairman Srikanth Velamakanni.

The Board placed two ordinary resolutions before members. The first sought adoption of the Audited Standalone and Consolidated Financial Statements for the fiscal year ending March 31, 2026, along with reports from the Board of Directors and Statutory Auditors. The second resolution concerned the reappointment of Mr. Ashish Bhat (DIN: 02480920), who retires by rotation and offered himself for reappointment. Both resolutions were passed with the requisite majority as per the Consolidated Scrutinizer’s Report dated August 05, 2026.

Voting Results and Shareholder Participation

Remote e-voting was open from August 02, 2026, at 9:00 A.M. to August 04, 2026, at 5:00 P.M., with a cut-off date of July 29, 2026. On the record date, the total number of shareholders stood at 1,64,922. During the meeting, three promoters and 62 public shareholders attended via video conferencing. Members who had not voted remotely were given 15 minutes to cast their votes during the session.

Resolution	Total Votes Polled	Votes in Favor	% Support	Votes Against	% Against
Adoption of Financials	2,64,59,781	2,64,59,609	99.9993%	172	0.0007%
Reappointment of A. Bhat	2,64,59,731	2,64,54,165	99.9790%	5,566	0.0210%

Promoter group shares held totaled 12,553,034, with 100% voting in favor for both resolutions. Public institutional shareholders held 9,706,115 shares, while public non-institutional shareholders held 27,426,448 shares.

Key Proceedings and Attendees

The meeting was attended by key management personnel including Ankit Mehta, CEO and Whole-time Director; Rahul Singh, Whole-time Director; Vipul Joshi, Chief Financial Officer and Whole-time Director; and Nilesh Ranjan Jaywant, Company Secretary & Compliance Officer. Independent Directors Vikas Balia and Sutapa Banerjee were also present. Ms. Rekha Shenoy and Mr. Sachin Garg from BSR & Co. LLP, the company’s Statutory Auditors, attended by invitation. Ms. Ashwini Vartak of S. N. Ananthasubramanian & Co. served as the Scrutinizer.

Mr. Ankit Mehta apprised members of the company’s operations and corporate developments during Financial Year 2025-26. The Chairman noted that the Statutory Auditors’ Report and Secretarial Auditor’s Report contained no qualifications, adverse remarks, or disclaimers, and thus did not require detailed reading. Shareholders were informed that proxies were not appointed for this meeting, consistent with the VC/OAVM framework.

Regulatory Compliance

Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the combined voting results and the Scrutinizer’s report. These documents are available on the company’s website, the National Stock Exchange of India Limited (NSE), BSE Limited, and National Securities Depository Limited (NSDL). The notice for the AGM was published in Business Standard and Pratahkal newspapers, and dispatched electronically to 1,64,325 members on July 13, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.12%	+2.88%	+2.15%	+99.98%	+101.41%	-32.63%

ideaforge technology will host an earnings conference call on Tuesday, August 11, 2026, at 11:00 AM IST to discuss its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The event provides investors and analysts with direct access to management for insights into the company’s performance during Q1FY27. This disclosure is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call aims to clarify operational metrics and financial outcomes reported in the recent filing. Management intends to address queries regarding revenue streams, profitability drivers, and strategic initiatives undertaken during the period. The details of the earnings conference call are available on the company’s website at https://ideaforgetech.com/ .

Conference Call Details

The dial-in details for the earnings call are structured to accommodate domestic and international participants. Pre-registration is required via the link provided in the official intimation.

Access Type	Number
Primary Number	+91 22 6280 1550
Secondary Number	+91 22 7115 8378
Hong Kong (Toll Free)	800 964 448
Singapore (Toll Free)	800 101 2045
USA (Toll Free)	1 866 746 2133
UK (Toll Free)	0 808 101 1573

Key Participants

The session will be led by senior executives responsible for the company’s strategic and financial direction. Investors can expect detailed commentary on the quarterly performance from these leaders.

Ankit Mehta, CEO & Whole-Time Director
Vipul Joshi, CFO & Whole-Time Director

Investor relations coordination for the event is managed by Mr. Parth Patel from MUFG. He can be contacted at +91 98197 85972 or via email at parth.patel@in.mpms.mufg.com for any pre-call inquiries or registration assistance.

What the Numbers Show

While specific financial figures are not disclosed in this intimation, the scheduling of the call immediately following the announcement of results indicates a standard compliance procedure for listed entities. The focus will likely be on interpreting the unaudited standalone and consolidated results for the quarter ended June 30, 2026, within the broader context of the company’s annual objectives.