Intellect Design Arena Limited has informed the Exchange regarding Allotment of 116219 Shares.
INTELLECT · price
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Intellect Design Arena's Stakeholders Relationship Committee approved the allotment of 1,16,219 equity shares (face value ₹5 each) on May 21, 2026 to eligible employees who exercised their stock options. The shares were allocated across three ESOP schemes: 78,946 under ISOP 2015, 1,750 under ISOP 2016, and 35,523 under IIPS 2018. Following this allotment, the company's issued and subscribed capital stands at ₹70,00,53,690 divided into 14,00,10,738 equity shares. The exercise prices ranged from ₹5 to ₹193.21 across different scheme tranches. The new shares rank pari-passu with existing equity shares and carry no lock-in restrictions.
This is a routine ESOP exercise causing minimal dilution (~0.08% of total shares). The impact on stock price is negligible, as the allotment is at various exercise prices and represents a small number of shares relative to the total capital base.