IDEAFORGE TECHNOLOGY LIMITED — Capital/Financing Update 2025

Nov 6, 2025

www.ideaforgetech.com

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November 06, 2025

To,BSE LimitedPhiroze Jeejeebhoy Towers, Dalal Street,Fort, Mumbai – 400 001.BSE Scrip Code:543932	To,The National Stock Exchange of India Limited“Exchange Plaza”, Bandra – Kurla Complex,Bandra (EAST), Mumbai – 400 051NSE SYMBOL: IDEAFORGE

Sub: Intimation under Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations’)

Dear Sir/Ma’am,

In accordance with Regulations 30 of the Listing Regulations, we wish to inform you that CRISIL Limited, via its communication dated November 05, 2025, after due consideration, changed the corporate credit rating of ideaForge Technology Limited from Crisil BBB/Stable rating to Crisil BBB/Negative. The credit rating for the instrument is as follows:

Name of the CompanyCreditRatingAgencyFacilities/InstrumentRating Action	Name of the CompanyCreditRatingAgencyFacilities/InstrumentRating Action	Name of the CompanyCreditRatingAgencyFacilities/InstrumentRating Action	Name of the CompanyCreditRatingAgencyFacilities/InstrumentRating Action
ideaForgeTechnologyLimited	CRISIL Limited	CorporateCreditRating	CRISIL BBB/Negative(Changed from CRISILBBB/Stable)

Kindly take the above on record and oblige.

Thanking you,

For ideaForge Technology Limited

NILESH Digitally signed by NILESH RANJAN RANJAN JAYWANT Date: 2025.11.06 JAYWANT 16:44:20 +05'30'

Nilesh Ranjan Jaywant Company Secretary & Compliance Officer Membership No. A26554

idea Forge Technology Limited EL-146, T.T.C. Industrial Area, M.I.D.C. Mahape, Navi Mumbai - 400 710. Maharashtra (India) Ph.(O): +91 (22) 6787 1000 (F) +91 (22) 6787 1007

Email: info@ideaforgetech.com CIN No. L31401MH2007PLC167669