Intellect Design Arena Limited has informed to the stock exchange regarding change in management.
INTELLECT · price
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Intellect Design Arena Limited held its Board meeting on May 8, 2026 and approved audited financial results for FY26 ended March 31, 2026. Standalone revenue grew to Rs. 16,620.29 million from Rs. 15,687.21 million, with PAT at Rs. 1,948.63 million (flat YoY). Consolidated revenue reached Rs. 30,381.81 million (up from Rs. 25,000.04 million) with PAT of Rs. 3,432.52 million. Auditors MSKC & Associates LLP issued an unmodified opinion. The Board recommended a final dividend of Rs. 4 per share plus a special dividend of Rs. 3 per share. In management changes, Ms. Sudha Gopalakrishnan (Chief Assurance & Governance Officer) retires on May 31, 2026. Mr. Krishna Rajaraman transitions from CTO to Head - Customer Delivery Experience, Mr. Vivek Gupta is re-designated as Chief Customer Officer, and Mr. Prashant Lalchandani has been appointed as the new CTO effective June 1, 2026. Mr. Andrew Ralph England will cease to be a Director from the conclusion of the 15th AGM.
The company delivered solid consolidated revenue growth of 21.5% YoY, with the management transition reflecting a strategic shift toward customer outcomes. The new CTO appointment and role redesignations indicate organizational restructuring. The dividend declaration is positive for shareholders.