BSEInsider Trading / SAST5 Oct 2026 · 5 Oct 2026, 11:24 am
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 02, 2026 for Ankit Mehta
Ideaforge Technology Ltd · 543932
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Ideaforge Technology Ltd's promoter, Ankit Mehta, has created a pledge over 2,80,000 equity shares held by him in the company, representing 2.23% of his promoter shareholding.
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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Ideaforge Technology Ltd - 543932 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
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Mr. Ankit Mehta
Flat No: G-426, 4th Floor, Maple Leaf CHS Ltd, Raheja Vihar Complex, Chandivali, Mumbai,
Maharashtra 400 072
October 02, 2026
To, To,
BSE Limited The National Stock Exchange of India
Phiroze Jeejeebhoy Towers, Dalal Street, Limited “Exchange Plaza”, Bandra – Kurla
Fort, Mumbai – 400 001. Complex, Bandra (EAST), Mumbai – 400 051
BSE Scrip Code: 543932 NSE SYMBOL: IDEAFORGE
Sub: Declara(cid:415)on under Regula(cid:415)on 31 (1) of the SEBI (Substan(cid:415)al Acquisi(cid:415)on of Shares and
Takeovers) Regula(cid:415)ons, 2011.
Dear Sir/Madam,
Pursuant to Regula(cid:415)on 31(1) of the SEBI (Substan(cid:415)al Acquisi(cid:415)on of Shares and Takeovers) Regula(cid:415)ons,
2011, I, Ankit Mehta, Promoter and Whole (cid:415)me Director of ideaForge Technology Limited (“the
Company”), hereby disclose that I have created a pledge over 2,80,000 equity shares held by me in
the shares of the Company.
The details of the aforesaid encumbrance are set out in Annexure I.
You are requested to please take the same on record
Thanking you,
Yours truly,
For ideaForge Technology Limited
Ankit Mehta
CEO and Whole-(cid:415)me Director
DIN: 02108289
Annexure: I
Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invoca(cid:415)on of encumbrance/ release of
encumbrance, in terms of Regula(cid:415)on 31(1) and 31(2) of SEBI (Substan(cid:415)al Acquisi(cid:415)on of Shares and Takeovers) Regula(cid:415)ons, 2011
Name of the Target Company (TC) ideaForge Technology Limited
Names of the stock exchanges where the shares of BSE, NSE
the target company are listed
Date of repor(cid:415)ngs September 28, 2026
Name of the promoter or PAC on whose shares Mr. Ankit Mehta
encumbrance has been created/released/invoked
Details of the crea(cid:415)on of encumbrance:
Post event holding of
Name of
encumbered shares
Promoter holding in Promoter holding
the {crea(cid:415)on [(2)+(3)] /
promoter( the target company already Details of events pertaining to encumbrance (3) release [(2)-(3)] /
invoca(cid:415)on [(1)-(3)]]
s) or PACs (1) encumbered (2)
with him*
% of total Type of Reasons for Number % of Number % of total
Type of event Date of crea(cid:415)on/ Name of the
% of share encumbrance encumbran total share capital
(crea(cid:415)on / release/ en(cid:415)ty in whose
total capital (pledge/ lien/ ce share
Number Number release / invoca(cid:415)on of Favor shares
share non disposal capital
invoca(cid:415)on) encumbrance encumbered
capital undertaking/
others)
personal Infina Finance
Mr. Ankit
financial 0.56 1.30
Private Limited
Mehta 36,86,964 7.42% 3,70,370 0.74 Crea(cid:415)on 28/09/2026 requiremen 2,80,000 6,50,370
Pledge ts
For ideaForge Technology Limited
Ankit Mehta
CEO and Whole (cid:415)me Director
DIN: 02108289
Annexure II
Disclosure of reasons for encumbrance (In addi(cid:415)on to Annexure – I prescribed by way of circular
dated August 05, 2015)
Name of Listed Company ideaForge Technology Limited
Name of the recognised stock exchanges where BSE Limited and Na(cid:415)onal Stock Exchange of
the shares of the company are listed India Limited
Name of the promoter(s)/PACs whose shares Mr. Ankit Mehta, Promoter and Whole- (cid:415)me
have been encumbered Director.
Total promoter shareholding in the listed 36,86,964 (7.42% of the share capital of the
company Company)
Encumbered shares as a % of promoter Par(cid:415)culars No. of shares Encumbered
Shareholding encumbered shares as a %
of Promoter
shareholding
Ankit Mehta 2,80,000 2.23%
Whether encumbered share is 50% or more of No
promoter shareholding
Whether encumbered share is 20% or more of No
total share capital
Details of all the exis(cid:415)ng events/agreements Not applicable
pertaining to encumbrance
For ideaForge Technology Limited
Ankit Mehta
CEO and Whole (cid:415)me Director
DIN: 02108289