Ideaforge Technology Ltd

BSE: 543932

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543932.BO · 15 min delayed

BSECompany Update▲ PositiveFundraise4d ago

Ideaforge Technology Ltd

Receipt of Letter of Intent from Technology Development Board to ideaForge Technology Limited.

Ideaforge Technology Ltd has received a Letter of Intent (LOI) from the Technology Development Board (TDB) for financial assistance for its project proposal, 'YETI - Heavy lift long range autonomous aerial logistics vehicle'. The LOI conveys TDB's in-principle approval to consider financial assistance of up to INR 151.00 Crore, with a simple interest rate of 4% per annum and a tenure of 3 years.

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