StockWatch
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Aerospace & Defense
Shareholding5 Oct 2026, 11:25 am

Ideaforge Promoter Ankit Mehta Pledges 2.8 Lakh Shares

AI Summary

Ideaforge Technology Limited promoter and Whole Time Director, Ankit Mehta, has disclosed the creation of a pledge over 2,80,000 equity shares, representing 0.56% of the company's total share capital. This pledge was made on September 28, 2026, for personal financial requirements to Infina Finance Private Limited. Mr. Mehta's total promoter holding in the company is 36,86,964 shares (7.42% of total share capital), with 3,70,370 shares (0.74%) previously encumbered. Post this event, the total encumbered shares held by Mr. Mehta amount to 6,50,370 shares (1.30% of total share capital).

Key Highlights

  • Promoter Ankit Mehta pledged 2,80,000 equity shares.
  • Pledge represents 0.56% of total share capital.
  • Shares pledged for personal financial requirements.
  • Total promoter encumbrance now stands at 1.30%.