'Outcome of the Fund Raising Committee held on July 07, 2026'

ideaForge Technology Limited has announced a qualified institutions placement of equity shares with a face value of ₹10 each, following approvals from its Fund Raising Committee and shareholders. The issue will open on July 07, 2026, with a floor price set at ₹835.86 per equity share. The final issue price will be determined in consultation with the appointed book running lead managers.

Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.

• Instrument and amount finally raised
• Stated use of proceeds
• Whether the enabling resolution is actually used