BNP Paribas has dropped off the latest shareholder list for Ideaforge Technology Limited, having previously held a 1.18 percent stake. This shift represents either a complete exit or a reduction of the holding to under the 1 percent reporting threshold.
A manufacturer of unmanned aircraft systems for the aerospace and defense sectors, ideaForge designs and produces advanced drones for commercial, industrial, and defense applications. Established in 2007, the company specializes in developing indigenous UAS technology tailored for India's operational requirements. Its portfolio includes systems for surveillance, mapping, reconnaissance, and tactical operations across defense, government, and commercial sectors.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
