Intellect Design Arena Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the appointment of a senior management personnel.
Effective Date
The appointment is effective from June 7, 2026.
Brief Profile of Appointee
Mr. Deepak Dastrala holds a Bachelor of Engineering in Mechanical Engineering from Vellore Institute of Technology (VIT). His career began nearly two and a half decades ago with a focus on software development and Artificial Intelligence.
Early Career: In the early 2000s, he was a core member of the Platform Engineering team at Premier Technology / EZ Data, building CRM tools for insurance advisors. He subsequently worked at Ebix, contributing to product development in the insurance sector.
Career at Intellect: Mr. Dastrala joined Intellect Design Arena in 2011 as an AVP during the company's transition from Polaris Financial Technology to a product-focused, IP-first strategy. He rose through the organization, leading delivery, strategy, and innovation at Intellect SEEC, and was later elevated to Partner and EVP – Chief Technology Officer at IntellectAI. His roles involved deepening the company's capabilities in Big Data, AI, and Machine Learning.
Purple Fabric: Over more than a decade of R&D under his leadership, his team created the Purple Fabric platform, which is the company's flagship platform designed for enterprise AI adoption in financial institutions. The platform currently powers some of the world's most demanding financial institutions, including one of the largest sovereign wealth funds globally, supporting real-time investment decisions.
Disclosure of Relationships
Not Applicable, as the appointment is for a senior management role, not a directorship.
Additional Information
The information was also made available on the company's website at www.intellectdesign.com.