NewsCorporate ActionsideaForge Technology Allots 14,451 Equity Shares Under Employee Stock Option SchemeideaForge Technology Allots 14,451 Equity Shares Under Employee Stock Option Scheme
ideaForge Technology Limited allotted 14,451 equity shares under its Employee Stock Option Scheme, 2018 on January 13, 2026, at an exercise price of ₹10 per share. The allotment increased the company's paid-up capital from ₹43.25 crores to ₹43.27 crores, with total equity shares reaching 4,32,68,146. The newly issued shares rank pari passu with existing shares and have been issued in dematerialized form with ISIN INE349Y01013.
*this image is generated using AI for illustrative purposes only.
ideaForge Technology Limited has announced the allotment of 14,451 equity shares under its Employee Stock Option Scheme, 2018. The Executive Committee of the Board approved this allotment on January 13, 2026, as part of the exercise of vested stock options by employees.
Share Allotment Details
The allotted shares carry specific parameters that align with the company's existing equity structure:
| Parameter | Details |
|---|---|
| Number of Shares Allotted | 14,451 |
| Face Value per Share | ₹10.00 |
| Exercise Price per Share | ₹10.00 |
| Premium per Share | Nil |
| Issue Date | January 13, 2026 |
| ISIN Number | INE349Y01013 |
The distinctive numbers for the newly allotted shares range from 4,32,53,696 to 4,32,68,146. These shares have been issued in dematerialized form and will rank pari passu with the existing equity shares of the company in all respects.
Impact on Share Capital
The allotment has resulted in an increase in the company's paid-up share capital:
| Capital Structure | Before Allotment | After Allotment |
|---|---|---|
| Number of Equity Shares | 4,32,53,695 | 4,32,68,146 |
| Paid-up Capital | ₹43,25,36,950 | ₹43,26,81,460 |
| Face Value per Share | ₹10.00 | ₹10.00 |
The increase represents a marginal expansion of approximately 0.03% in the total number of outstanding equity shares.
Regulatory Compliance
The allotment has been conducted in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has filed the necessary disclosures with both the National Stock Exchange of India Limited and BSE Limited, where ideaForge Technology's shares are listed under the symbols IDEAFORGE and scrip code 543932 respectively.
The original filing for the ESOP scheme was made on August 03, 2023, with filing numbers NSE/LIST/36806 and DSC/IPO/TL/ESOP-IP/2925/2023-24 dated September 26, 2023, from NSE and BSE respectively. No lock-in period applies to these newly allotted shares, and no listing fees are payable for this issuance.
Company Information
ideaForge Technology Limited is headquartered at EL-146, TTC Industrial Area, Electronic Zone, MIDC, Mahape, Navi Mumbai, Maharashtra, 400710. The company secretary and compliance officer, Nilesh Ranjan Jaywant, has digitally signed the regulatory filings and disclosures related to this share allotment.
Historical Stock Returns for Ideaforge Technology
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.60% | -3.54% | +9.98% | -17.46% | -14.76% | -63.87% |
15
