IdeaForge Technology Allots 7,026 Equity Shares Under ESO

ideaForge Technology Limited has approved the allotment of 7,026 equity shares under its Employees Stock Option Scheme, 2018, according to a regulatory filing dated February 16, 2026.

The Executive Committee of the Board cleared the issuance towards the exercise of vested stock options. The newly allotted shares carry a face value of Rs. 10 each and rank pari passu with the existing equity shares of the company in all respects.

Key Details of the Allotment

The allotment was approved on February 16, 2026, and the shares will be issued at an exercise price of Rs. 10 per share. No premium is charged on the issue.

Following the allotment, the company’s paid-up equity share capital increased from Rs. 43,26,81,460 comprising 4,32,68,146 equity shares of Rs. 10 each to Rs. 43,27,51,720 comprising 4,32,75,172 equity shares of Rs. 10 each.

The newly issued shares bear distinctive numbers from 4,32,68,147 to 4,32,75,172 and have been issued in dematerialised form under ISIN INE349Y01013. There is no lock-in applicable to these shares.

Regulatory Framework

The allotment has been made pursuant to the ideaForge Employees Stock Option Scheme, 2018, and in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The company had earlier filed the required statement under Regulation 10(b) with the recognised stock exchanges on August 03, 2023. The shares are listed on BSE Limited and the National Stock Exchange of India Limited.

ideaForge Technology Market Snapshot & Share Price Effect

As of 3:12 PM IST on February 16, 2026:

• Price: Rs. 407.00
• Change: Down 0.97%
• Open: Rs. 408.35
• So ar During the Session: High of Rs. 412.25; Low of Rs. 404.00
• 52-Week Range: Rs. 304.20 – Rs. 659.85

Impact on Shareholders

Under an employee stock option scheme, equity shares are issued upon the exercise of vested options by eligible employees at a predetermined exercise price. The issuance results in a marginal increase in the total outstanding share capital.

Post allotment, the total number of issued equity shares stands at 4,32,75,172. The shares issued under the scheme rank pari passu with existing shares, meaning they carry identical voting and dividend rights.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/63cac8af-3baa-4c8e-ab47-af22977b9e89.pdf