Intellect Design Arena Limited has informed the Exchange regarding Allotment of 42489 Shares.
INTELLECT · price
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Awaiting price reaction for this filing.
Intellect Design Arena has allotted 42,489 equity shares (face value ₹5 each) to employees who exercised their stock options. The allotment was approved by the Stakeholders Relationship Committee on August 25, 2025, and done on August 26, 2025. The shares were issued under three ESOP schemes: 24,439 shares under ISOP 2015, 100 shares under ISOP 2016, and 17,950 shares under the 2018 Incentive Plan. With this allotment, the company's total paid-up equity shares increased from 139,049,364 to 139,091,853. The new shares will rank equally with existing shares, and the company is seeking listing approvals from NSE and BSE. Exercise prices were ₹5 for ISOP 2015, ₹173.91 for ISOP 2016, and ₹5 for the 2018 plan.
This is a routine ESOP allotment with a small dilution (about 0.03% increase in share count), so the impact on existing shareholders is minimal. No material effect on stock price is expected from this disclosure.