Ideaforge Technology Limited has informed the Exchange regarding allotment of 14451 securities pursuant to ESOP/ESPS at its meeting held on January 13, 2026
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Ideaforge Technology has allotted 14,451 equity shares to employees who exercised their vested stock options under the company's ESOP 2018 scheme on January 13, 2026. The shares were issued at face value of Rs. 10 each, with no premium. As a result, the company's paid-up equity capital increased from Rs. 43,25,36,950 (4,32,53,695 shares) to Rs. 43,26,81,460 (4,32,68,146 shares). The new shares will rank equally with existing equity shares. The disclosure has been filed with both NSE and BSE as required under SEBI's Share Based Employee Benefits Regulations, 2021.
This is a routine ESOP allotment with negligible dilution — the new shares represent roughly 0.003% of total outstanding shares. No meaningful impact on share price or shareholder value is expected from this disclosure.