Intellect Design Arena Limited has informed the Exchange regarding Change in Directors
INTELLECT · price
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Intellect Design Arena's board approved strong FY2026 audited results: consolidated revenue grew 21.5% to Rs 30,381.81 million and consolidated PAT rose 2.6% to Rs 3,432.52 million vs FY2025. Standalone PAT stood at Rs 1,948.63 million. Auditors MSKC & Associates gave unmodified opinions. The board recommended a total dividend of Rs 7 per share (Rs 4 final + Rs 3 special) with record date July 24, 2026. Key leadership changes include: Mr. Andrew Ralph England stepping down as Non-Executive Director after the July AGM, and Ms. Sudha Gopalakrishnan retiring as Chief Assurance & Governance Officer on May 31. Internally, Mr. Krishna Rajaraman transitions from CTO to Head - Customer Delivery Experience while Mr. Prashant Lalchandani is appointed new CTO effective June 1, 2026. Mr. Ambrish Pandey Jain was re-appointed as Independent Director for a second 3-year term.
Strong financial performance with revenue growth and shareholder-friendly dividend payout. Management changes reflect internal succession planning with minimal disruption risk. Non-Executive Director retirement is routine governance event.