Aerospace & Defense
New Launch7 April 2026 at 05:16 am

Promoter Ankit Mehta Creates Pledge Over 0.85% Shares in Ideaforge Technology Ltd for Personal Financial Requirements

AI Summary

Ankit Mehta, Promoter and Whole time Director of Ideaforge Technology Ltd, has disclosed the creation of a pledge over 3,70,370 equity shares held by him in the company under Regulation 31(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The pledge is for personal financial requirements and has been made in favor of Neo Wealth Management Private Limited. Post-event, Ankit Mehta holds 0.85% less shares in the company, which is 0.85% of the total share capital.

Key Highlights

  • Ankit Mehta, Promoter and Whole time Director of Ideaforge Technology Ltd, creates a pledge over 3,70,370 shares.
  • The pledge is made for personal financial requirements.
  • The encumbrance is in favor of Neo Wealth Management Private Limited.
  • Post-event, Ankit Mehta holds 0.85% less shares in the company.
  • The pledge represents 0.85% of the total share capital of Ideaforge Technology Ltd.