ideaForge technology Limited has completed the allotment of 7,026 equity shares under its Employee Stock Option Scheme 2018, following approval from the Executive Committee of the Board on February 16, 2026. The shares were issued to employees who exercised their vested stock options under the scheme.

Share Allotment Details

The company issued equity shares with specific parameters that reflect the employee benefit structure:

The newly allotted shares carry the distinctive numbers from 4,32,68,147 to 4,32,75,172 and will rank pari passu with the existing equity shares of the company in all respects.

Impact on Share Capital

The ESOP allotment has resulted in an increase in the company's paid-up share capital:

Regulatory Compliance

The allotment was conducted in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has provided comprehensive disclosure under Part E pursuant to Regulation 10(c) of the SEBI SBESE Regulations.

Key regulatory details include:

• Stock Exchange Listing: National Stock Exchange of India Limited (NSE) and BSE Limited
• Previous Filing Date: August 03, 2023
• NSE Filing Number: NSE/LIST/36806 dated September 26, 2023
• BSE Filing Number: DSC/IPO/TL/ESOP-IP/2925/2023-24 dated September 26, 2023

Share Characteristics

The allotted shares maintain identical characteristics to existing equity shares:

• No lock-in period applicable
• Shares issued in dematerialized form
• Full voting and dividend rights
• Identical treatment with existing shareholders

The company has informed both NSE (Symbol: IDEAFORGE) and BSE (Scrip Code: 543932) about the allotment and updated the information on its official website. The shares are expected to be available for trading following the completion of listing formalities.

Ideaforge Technology has outlined its strategic execution plan for the fourth quarter of FY26, announcing its intention to complete 40-45% of its current open order book during this period. This execution timeline represents a significant operational commitment from the drone technology company.

Execution Strategy for Q4 FY26

The company's plan to execute nearly half of its open orders in the final quarter of FY26 indicates a concentrated approach to order fulfillment. This strategy suggests that Ideaforge Technology has structured its operations to handle a substantial workload in Q4, potentially aligning with customer delivery requirements and revenue recognition objectives.

Operational Implications

The planned execution of 40-45% of open orders in a single quarter demonstrates the company's confidence in its production capabilities and delivery infrastructure. This timeline suggests that Ideaforge Technology has the necessary resources and operational capacity to handle significant order volumes within the specified timeframe.

The strategic timing of this execution plan in Q4 FY26 may reflect various operational and business considerations, including production scheduling, customer requirements, and revenue planning. The company's ability to execute such a substantial portion of its order book in one quarter indicates robust operational planning and execution capabilities.