Promoter Ankit Mehta pledges 2.8 lakh shares for personal needs

Promoter Below 50pctOwnership Changes View source PDF Explain this filing

IDEAFORGE · price

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Price reactionminutes from the announcement price · days from the prior close

-4.5%Reaction day

₹731.20

prior close

₹701.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-4.5% vs market

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.4

15m

+0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-4.5+0.0-4.5

Next day

-1.0+1.3-2.3

-4.4+1.1-5.5

-7.8-1.7-6.1

-8.8-1.4-7.4

+0.6-0.6+1.2

+2.1+0.3+1.8

15d

-2.1-6.1+4.0

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ankit Mehta, promoter and CEO of ideaForge Technology, has created a pledge over 2,80,000 equity shares (about 0.56 percent of total share capital) on September 28, 2026 in favour of InFina Finance. Reason cited: personal financial requirements. After this, his encumbered shares stand at 6,50,370 (1.30 percent of capital), which is 2.23 percent of his total promoter holding of 7.42 percent.

Likely market impact

Modest pledge creation by a promoter for personal reasons. Encumbered shares remain well below 50 percent of his holding, limited near-term impact expected.