Updates

www.ideaforgetech.com July 13, 2026 To, To, BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex, Fort, Mumbai – 400 001. Bandra (EAST), Mumbai – 400 051 BSE Scrip Code: 543932 NSE SYMBOL: IDEAFORGE Sub: Submission of Business Responsibility and Sustainability Report of ideaForge Technology Limited (“the Company”) for the Financial Year 2025-26. Dear Sir/Ma’am, Pursuant to Regulation 34(2)(f) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with applicable circulars, we are submitting herewith the Business Responsibility and Sustainability Report (“BRSR”) for Financial Year 2025-26, which also forms an integral part of the Annual Report for Financial Year 2025-26. The BRSR is also available on the Company’s website at www.ideaforgetech.com You are requested to kindly take the same on your records. Thanking you, Yours truly, For ideaForge Technology Limited Nilesh Ranjan Jaywant Company Secretary and Compliance Officer Membership No. A26554 Encl: As above 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 ideaForge Technology Limited | Annual Report 2025-26 Business Responsibility & Sustainability Reporting (BRSR) SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity L31401MH2007PLC167669 2. Name of the Listed Entity ideaForge Technology Limited 3. Year of incorporation 2007 4. Registered office address EL-146, T.T.C. Industrial Area, M.I.D.C. Mahape, Navi Mumbai - 400 710. Maharashtra (India). 5. Corporate address Unit 702, Q2 Bldg, Aurum Q Parc, Ghansoli, Navi Mumbai - 400 710 6. E-mail compliance@ideaforgetech.com 7. Telephone 022-67871000 8. Website https://www.ideaforgetech.com/ 9. Financial year for which reporting is being done 2025-26 10. Name of the Stock Exchange(s) where shares are listed BSE Limited and National Stock Exchange of India Limited 11. Paid-up Capital 432,536,950/- 12. Name and contact details (telephone, email address) Nilesh Ranjan Jaywant Company Secretary & of the person who may be contacted in case of any Compliance Officer compliance@ideaforgetech. queries on the BRSR report com Tel. No: +91 (22) 6787 1000 13. Reporting boundary Disclosures made in this report are on a Are the disclosures under this report made on a standalone basis and pertain to ideaForge standalone basis (i.e., only for the entity) or on a Technology Limited and its offices, consolidated basis (i.e., for the entity and all the manufacturing facility in Maharashtra, India entities which form a part of its consolidated financial statements, taken together). 14. Name of assessment or assurance provider Assurance is not mandatory and has not been taken up for the financial year 2025-2026. 15. Type of assessment or assurance obtained Not Applicable (NA) II. Products/services 16. Details of business activities (accounting for 90% of the turnover): Description of Main % Of Turnover of the SL. No. Description of Business Activity Activity Entity (FY25-26) 1 Manufacturing Unmanned Hardware manufactures and assembly of Unmanned Aerial Vehicle (UAV) Aerial Vehicles (UAVs) and its components such as payloads, batteries, chargers, and communication systems. 96% 2 Unmanned Aerial Systems Software and embedded sub-systems, which includes (UAS) the Ground control station (GCS) software and autopilot sub-systems 3 Solution Applications Applications for surveillance, mapping, and surveying 04% Corporate Overview Statutory Reports Financial Statements 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover) % Of Total Turnover SL. No. Product/Service NIC Code Contributed 1 Unmanned Aerial Vehicle and Unmanned Aerial Systems 26515 96% 2 Solution Applications 62013 04% III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of operational locations Number of offices Total National 1 6 7 International 0 1 1 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) 28 states & 8 Union Territories International (No. of Countries) 4 Countries (Bhutan, Nigeria, US, Oman) b. What is the contribution of exports as a percentage of the total turnover of the entity? In the financial year 2025-26, less than 1% of turnover was from exports outside India. c. A brief on types of customers ideaForge is a manufacturer of Unmanned Aerial Vehicles (UAVs), with products deployed for surveillance, surveying and mapping, and inspections. We serve a diversified customer base comprising enterprises from both private and public sectors, including central and state government agencies, state police departments, disaster management forces, forest departments, Ministry of Defence, Indian Armed Forces, DPSUs, and DRDO laboratories. ideaForge has the largest operational deployment of indigenous UAVs across India, with 5 UAVs Directorate General of Civil Aviation (DGCA) type-certified, SWITCH UAV certified “Fit for Indian Military Use” by Directorate General of Quality Assurance (DGQA). ideaForge is ranked 3rd globally in the dual-use (civil & defence) drone category by Drone Industry Insights (DII) and is expanding internationally, supplying drones across Southeast Asia, Africa, and other regions, further strengthened by a Joint Venture — First Forge — established in the United States to deepen global market access. IV. Employees 20. Details at the end of Financial Year: a. Employees and workers (including differently abled): Male Female S. No. Particulars Total (A) No. (B) % (B / A) No. (C) % (C / A) Employees 1. Permanent (D) 536 462 86% 74 14% 2. Other than Permanent (E) 0 0 0% 0 0% 3. Total employees (D + E) 536 462 86% 74 14% Workers 4 Permanent (F) 0 0 0% 0 0% 5 Other than Permanent (G) 300 214 71% 86 29% 6 Total Workers (F + G) 300 214 71% 86 29% ideaForge Technology Limited | Annual Report 2025-26 b. Differently abled Employees: Male Female S. No. Particulars Total (A) No. (B) % (B / A) No. (C) % (C / A) Differently abled Employees 1. Permanent (D) 1 1 100% 0 0% 2. Other than Permanent (E) 0 0 0% 0 0% 3. Total employees (D + E) 1 1 100% 0 0% Differently abled Workers 4. Permanent (F) 0 0 0% 0 0% 5. Other than Permanent (G) 1 1 100% 0 0% 6. Total employees (F + G) 1 1 100% 0 0% 21. Participation/Inclusion/Representation of women No. and percentage of Females Category Total (A) No. (B) % (B / A) Board of Directors 8 1 13% Key Management Personnel (KMP) 3 0 0% 22. Turnover rate for permanent employees and workers FY25-26 FY24-25 FY23-24 Category Male Female Total Male Female Total Male Female Total Permanent Employees 19% 3.2% 21.9% 14% 3% 17% 11.3% 3.5% 14.3% Permanent Workers - - - - - - - - - V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures Name of the holding / Indicate whether % of shares Does the entity indicated at subsidiary / associate holding/ Subsidiary/ held by column A, participate in the S. No. companies / joint Associate/ Joint listed Business Responsibility initiatives ventures (A) Venture enti5ty of the listed entity? (Yes/No) 1. ideaForge Technology Inc Subsidiary 100% No VI. CSR Details (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) – Yes (ii) Turnover (in Rs.) - 2,268,490,000/- (iii) Net worth (in Rs.) – 5,990,420,000/- Corporate Overview Statutory Reports Financial Statements VII. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: FY25-26 FY24-25 Stakeholder Grievance Number of Number of [Showing first 8,000 characters — download PDF for full document]