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IDEAFORGE TECHNOLOGY LIMITED Regulatory Filings 2023

Oct 4, 2023

61104_rns_2023-10-04_e63c865e-21fb-44e7-aef9-058e9cfe3fde.pdf

Regulatory Filings

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www.ideaforgetech.com

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October 04, 2023

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

Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) - Intimation regarding Receipt of Insurance Claim

Dear Sir/Ma’am,

In compliance with Regulation 30 of the Listing Regulations, we would like to inform you that the Company has received an amount of INR 9,19,43,559 (Nine Crore Nineteen Lakhs Forty Three Thousand Five Hundred and Fifty Nine Rupees only) on October 4, 2023 from TATA AIG general Insurance company limited against the claim made for INR 9,19,96,402/- under Policy no. 5180107030 due to Fire incident at EL – 146, TTC Industrial Area, Electronic Zone, MIDC, Mahape, of the Company on April 06, 2022.

In this regard, we hereby enclosing the necessary details as required under the Listing Regulations, in accordance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. Please find the details attached as Annexure – A .

Kindly take the same on record.

Thanking you,

Yours faithfully

For ideaForge Technology Limited

SONAM Digitally signed by SONAM DILIPKUMA DILIPKUMAR GUPTA Date: 2023.10.04 R GUPTA 18:58:24 +05'30'

Sonam Gupta Company Secretary Membership No. A53881

idea Forge Technology Limited (Formerly ideaForge Technology Private 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: [email protected] CIN No. U31401MH2007PLC167669

www.ideaforgetech.com

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Annexure – A

Disclosure of Information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI circular No. CIR/CFO/CMD/4/2015 dated September 9, 2015:

Sr. No. Partculars Descriptons
1. Insurance amount claimed and realizedby the listed entty for the loss/damage INR 9,19,43,559/-
2. The actual amount of damage causeddue to the natural calamity or otherforce majeure events; INR 9,19,96,402/-
3. Details of steps taken to restorenormalcy and the impact of the naturalcalamity/other force majeure events onproducton or service, fnancials of theentty Steps taken to restore normalcy interalia includes restoring and replacing ofthe damaged property and equipment.Producton operatons on the 1stfoor ofthe plant were temporarily afected dueto the fre incident, and they resumed onAugust 16, 2022, and since functoningnormally. The said fre incident did nothave any material impact on theCompany's fnancials.

SONAM Digitally signed by SONAM DILIPKUM DILIPKUMAR GUPTA Date: 2023.10.04 AR GUPTA 18:58:48 +05'30'

idea Forge Technology Limited (Formerly ideaForge Technology Private 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: [email protected] CIN No. U31401MH2007PLC167669