ideaForge Technology Limited

Meeting Details

The 19th Annual General Meeting of ideaForge Technology Limited was held on Wednesday, August 05, 2026, commencing at 11:00 A.M. IST and concluding at 12:33 P.M. IST. The meeting was conducted through Video Conferencing/Other Audio-Visual Means in compliance with the Companies Act, 2013 and SEBI Listing Regulations.

Attendance

Directors Present:

  • Mr. Ankit Mehta, CEO and Whole-time Director
  • Mr. Rahul Singh, Whole-time Director
  • Mr. Ashish Bhat, Whole-time Director
  • Mr. Vikas Balia, Independent Director
  • Ms. Sutapa Banerjee, Independent Director
  • Mr. Vipul Joshi, Chief Financial Officer and Whole-Time Director

By Invitation:

  • Ms. Rekha Shenoy, Partner, BSR & Co. LLP (Statutory Auditors)
  • Mr. Sachin Garg, Manager, BSR & Co. LLP (Statutory Auditors)
  • Mr. S. N. Viswanathan, Practicing Company Secretary of S. N. Ananthasubramanian & Co.
  • Ms. Ashwini Vartak, Practicing Company Secretary of S. N. Ananthasubramanian & Co. (Scrutinizer)

In Attendance:

  • Mr. Nilesh Ranjan Jaywant, Company Secretary & Compliance Officer

Absent:

  • Mr. Srikanth Velamakanni, Chairman (unavoidable circumstances)
  • Mr. Mathew Cyriac, Non-Executive Director (prior commitments)

Shareholder Information

Total number of shareholders as of cut-off date (July 29, 2026): 164,922

Number of shareholders attending through video conferencing: 65 (3 from Promoters and Promoter Group, 62 Public shareholders)

Meeting Proceedings

Mr. Vikas Balia, Independent Director, was elected as Chairman for the meeting in the absence of the regular Chairman. The Company Secretary confirmed requisite quorum was present.

Voting Arrangements

Remote e-voting was conducted through NSDL from Sunday, August 02, 2026, at 9:00 A.M. to Tuesday, August 04, 2026, at 5:00 P.M. based on shareholding as of July 29, 2026 cut-off date. Ms. Ashwini Vartak was appointed as Scrutinizer to conduct and scrutinize the e-voting process. Voting results will be declared within two working days of meeting conclusion and made available on company website, stock exchange websites, and NSDL website.

Business Transacted

Ordinary Business:

1. To receive, consider and adopt:

a. Audited Standalone Financial Statements for year ended March 31, 2026, with Reports of Board of Directors and Auditors

b. Audited Consolidated Financial Statements for year ended March 31, 2026, with Report of Auditors

2. To appoint a director in place of Mr. Ashish Bhat (DIN: 02480920), Whole-time Director, who retires by rotation and being eligible, offers himself for reappointment.

Additional Proceedings

Mr. Ankit Mehta, CEO and Whole-time Director, provided an update on company operations and corporate developments during Financial Year 2025-26. A question and answer session was conducted where registered speakers asked questions, which were responded to by Mr. Ankit Mehta.

The Chairman noted that the Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications, reservations, adverse remarks, or disclaimers.