IDEAFORGE TECHNOLOGY LIMITED — Capital/Financing Update 2026

Jun 3, 2026

www.ideaforgetech.com

Idea Forge
Create. Inspire

June 03, 2026

| To,
BSE Limited
Phiroze 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 – 400 051
NSE SYMBOL: IDEAFORGE |
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Subject: Outcome of Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Madam/Sir,

Further to our intimation dated Friday, May 29, 2026, pursuant to Regulation 30 (read with Part A of Schedule III) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended we hereby inform that the Board of Directors of ideaforge Technology Limited (“the Company”) at their meeting held today i.e. on Wednesday, June 03, 2026, inter-alia have:

1. approved raising of funds for an aggregate amount of up to and not exceeding ₹ 5,000.00 million (Rupees Five Thousand million only) (inclusive of such premium or discount to face value as may be fixed on such Securities) by way of issuance of any instrument or security for cash, with or without green shoe option including equity shares, preference shares, fully or partly convertible debentures, non-convertible debentures along with warrants, any other equity based securities or any combination or any other eligible securities thereof in one or more tranches and/or one or more issuances, simultaneously or otherwise, including by way of preferential allotment or a private placement, qualified institutions placement(s) and/or any combination thereof or any other method as may be permitted in accordance with the applicable provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, (each as amended) and any other applicable law, subject to receipt of necessary approvals as may be required, in such manner, and on such terms and conditions as may be deemed appropriate by the Board in its absolute discretion, and to approve ancillary actions for the above mentioned fund raising subject to the receipt of necessary approvals, including the approval of the shareholders/members of the Company and such other regulatory and statutory approvals as may be required.

2. Alteration in the Articles of Association of the Company, subject to the approval of the Shareholders of the Company by means of Special Resolution through Postal Ballot.

3. Notice of Postal Ballot for seeking approval of shareholders in respect of raising of funds by way of issuance of equity shares or other eligible securities through preferential allotment or a private placement, qualified institutions placement(s) and/or any other permissible mode; and

ideaForge 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

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www.ideaforgetech.com

Idea Forge
Create. Inspire

1. In order to give effect to the above, the Board has constituted and authorized the Fund-Raising Committee of the Board to, inter-alia, decide the terms and conditions of the proposed fund raise;

The disclosures required under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in line with SEBI Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024 and other applicable SEBI Circular(s) with respect to the raising of funds upto ₹5,000 million, shall be duly made upon finalization for type of securities and mode of issuance of securities, within stipulated time frame.

The Board meeting commenced at 8:00 PM and concluded at 09:00 P.M.

We request you to take the above on record and that the same be treated as compliance under the applicable regulation(s) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

A copy of this disclosure is being uploaded on the website of the Company at https://ideaforgetech.com/

Kindly take the same on record.

Thanking you,

For ideaForge Technology Limited

NILESH
RANJAN
JAYWANT

Digitally signed
by NILESH
RANJAN
JAYWANT

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

ideaForge 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