Intellect Design Arena Limited has informed the Exchange regarding Allotment of 114497 Shares.
INTELLECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Intellect Design Arena has allotted 1,14,497 equity shares of ₹5 each on March 16, 2026, to eligible employees who exercised options under three ESOP schemes: 35,827 shares under ISOP 2015, 4,350 shares under ISOP 2016, and 74,320 shares under the Intellect Incentive Plan Scheme 2018. As a result, the company's total issued and subscribed share capital has increased to ₹69,83,85,605, comprising 13,96,77,121 equity shares. The new shares will rank pari-passu with existing equity shares. Exercise prices ranged from ₹5 to ₹344.95 across the schemes.
This is a routine ESOP allotment representing a very small dilution (less than 0.1% of total share count), so the impact on existing shareholders is minimal and largely neutral.