IdeaForge Technology Share Price Surges Over 10% on Securing ₹75 Crore Order from Ministry of Defence

IDEAForge Technology has informed the stock exchanges that it has received an order worth about ₹75 crore from the Ministry of Defence.  

The disclosure was filed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The order covers AFDS/Tactical class unmanned aerial vehicles (UAVs) along with related accessories.  

Scope of Supply 

According to the exchange filings, the order involves supplying AFDS/Tactical-class UAVs and accessories. The company is expected to complete delivery within a 12-month period. The filing does not mention additional conditions or phased-delivery requirements beyond this timeline.  

Details Shared with Exchanges 

In its filing to BSE and NSE, the company stated that the order is domestic and does not involve any overseas component. The communication was submitted on 14 November 2025 by the Company Secretary and Compliance Officer, Nilesh Ranjan Jaywant. 

Compliance Information 

IDEAForge confirmed that the Ministry of Defence, the awarding entity, has no promoter or promoter-group connection with the company. It also stated that the order does not fall under related-party transactions. The disclosure follows the standard reporting format prescribed by SEBI. 

Filing Structure and Format 

The company shared its registered office details, corporate identification number, and contact information as required for regulatory communication. The annexure repeated the key points: domestic awarding entity, ₹75 crore order size, 12-month execution period, and absence of any related-party involvement.  

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IdeaForge Technology Share Price Performance  

As of November 17, 2025, 10:07 AM, IdeaForge Technology share price is trading at ₹515.55, a 10.95%, up from the previous closing price. 

Conclusion 

The order formalises IdeaForge’s next 12 months of UAV supply commitments to the Ministry of Defence. All key details have been filed with both stock exchanges as part of the regulatory process. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

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