ideaForge Technology Expands Employee Ownership Through Stock Option Allotment

Ideaforge Technology Limited, a leading technology company, has taken a significant step in enhancing employee ownership and engagement. The company's Executive Committee has approved the allotment of 952 equity shares under its Employee Stock Option Scheme (ESOP) 2018, as disclosed in a recent corporate announcement.

Key Details of the Allotment

Particulars	Details
Number of Shares Allotted	952
Face Value per Share	Rs. 10
Scheme Name	ideaForge Employees Stock Option Scheme, 2018
Date of Allotment	November 11, 2025
Distinctive Numbers	4,32,49,604 to 4,32,50,555

Impact on Share Capital

The allotment has resulted in a marginal increase in the company's paid-up capital:

Aspect	Before Allotment	After Allotment
Paid-up Capital	43,24,96,030.00	43,25,05,550.00
Number of Equity Shares	4,32,49,603	4,32,50,555

Additional Information

The newly issued shares will rank pari-passu with existing equity shares in all respects.
The allotment was made towards the exercise of vested stock options by employees.

This move by Ideaforge Technology Limited underscores the company's commitment to aligning employee interests with those of the organization. By offering stock options, the company aims to foster a sense of ownership among its workforce, potentially leading to increased motivation and long-term commitment.

The modest increase in share capital reflects a balanced approach to employee stock options, allowing for employee participation without significant dilution of existing shareholdings. As the company continues to grow, such initiatives may play a crucial role in attracting and retaining top talent in the competitive technology sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.30%	-1.14%	-4.63%	-12.98%	-21.06%	-64.47%

Ideaforge Technology Limited, a prominent player in the technology sector, has experienced a change in its credit rating outlook. CRISIL Limited, a leading credit rating agency, has revised the company's corporate credit rating outlook from Stable to Negative while maintaining the CRISIL BBB rating.

Rating Details

Aspect	Details
Company	IdeaForge Technology Limited
Rating Agency	CRISIL Limited
Previous Rating	CRISIL BBB/Stable
Revised Rating	CRISIL BBB/Negative
Date of Communication	November 6, 2025

Understanding the Rating

The CRISIL BBB rating indicates that issuers are considered to have a moderate degree of safety regarding timely servicing of debt obligations. This rating suggests that debt exposures to such issuers carry moderate credit risk.

Implications of the Outlook Change

The revision of the outlook from Stable to Negative may signal potential challenges or uncertainties in the company's financial position or business environment. However, it's important to note that the fundamental BBB rating remains unchanged, indicating that the company still maintains a moderate level of creditworthiness.

Regulatory Disclosure

In compliance with regulatory requirements, IdeaForge Technology Limited promptly informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this rating action through an official disclosure.

Investor Considerations

While the rating outlook change may raise some concerns, investors should consider that:

The core BBB rating remains intact, suggesting a continued moderate level of financial stability.
CRISIL's ratings are based on current information and are subject to ongoing surveillance.
The rating is not a recommendation to buy, sell, or hold the company's securities.

Investors and stakeholders are advised to monitor future updates and consider this information as part of a broader investment analysis strategy.