ideaforge Technology to Raise Up to ₹500 Cr via Securities

ideaforge Technology Limited's Board of Directors has approved a fund-raising plan of up to ₹5,000 million (₹500 crore) through the issuance of various securities, including equity shares, preference shares, or convertible debentures. The decision was made during a board meeting held on June 3, 2026. The company will also seek shareholder approval via postal ballot for alterations in its Articles of Association and the fund-raising mechanism, which could include preferential allotment or qualified institutions placement. A Fund-Raising Committee has been formed to finalize the terms and conditions.