ideaForge Technology Seeks Shareholder Approval for Key Executive Changes and Corporate Restructuring Aug 06, 2025
ideaForge Technology Limited has announced three significant corporate actions requiring shareholder approval: 1) Appointing CFO Vipul Joshi as Whole-Time Director for five years with an annual remuneration of Rs 1.53 crore, capped at Rs 5.00 crore. 2) Identifying Joshi as a Promoter alongside existing promoters, granting collective nomination rights for up to five board directors. 3) Altering the Articles of Association to formalize these changes. E-voting for shareholders is scheduled from August 8 to September 6, 2025.
IdeaForge Technology Eyes 20%+ EBITDA Margin by FY26, Backed by Strong Order Pipeline Jul 06, 2025
Ideaforge Technology Shares Surge on Rs 137 Crore Defence Ministry Order Jun 23, 2025
Ideaforge Tech Reports Q4 Loss and Revenue Decline Amid Challenging Market Conditions May 09, 2025
IdeaForge Technology Reports Q4 Net Loss of ₹20.4 Crore Amid Revenue Slump May 08, 2025
More news about Ideaforge Technology
05Apr 25
IdeaForge Technology: Court Recalls Non-Bailable Warrant Against CFO, Company Confirms Non-Large Corporate Status
IdeaForge Technology, a drone technology company, is dealing with legal proceedings against its executives. The Chennai Metropolitan Magistrates Court has recalled a non-bailable warrant against the CFO and accepted sureties from other executives. The case involves charges of criminal breach of trust, cheating, and computer-related offenses, with the next hearing scheduled for April 24. Separately, the company disclosed it doesn't fall under the Large Corporate category as of March 31, 2025, with zero outstanding borrowings and a BBB+ credit rating.
20Feb 25
IdeaForge Technology Invests ₹15.96 Crore in US-based Vantage Robotics
IdeaForge Technology Limited has invested ₹15.96 crore (approx. $1.832 million) in Vantage Robotics, a US-based unmanned aircraft manufacturer. The investment, made on February 19, 2025, is in the form of a Compulsorily Convertible Promissory Note. Vantage Robotics, founded in 2013, specializes in UAV and UAV components manufacturing. This strategic move aims to enhance IdeaForge's technological capabilities and potentially expand its market presence, particularly in the US. The investment complies with RBI guidelines and is subject to necessary regulatory approvals.