Meeting Details

The 15th Annual General Meeting was held on Friday, July 31, 2026, at 2:30 PM IST via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting concluded at 3:15 PM IST (excluding e-voting time).

Participants

The meeting was chaired by Mr. Arun Jain, Chairman and Managing Director. Participants included:

Directors:

  • Mr. Anil Kumar Verma - Whole Time Director (VC)
  • Mr. Andrew Ralph England - Non-Executive Director (VC)
  • Ms. Vijaya Sampath - Independent Director (In person)
  • Mr. Abhay Anant Gupte - Independent Director (In person)
  • Mr. Ambrish Pandey Jain – Independent Director
  • Mr. D. Shivakumar – Independent Director (In person)

Chief Executive Officers:

  • Mr. Manish Makan, GCRO and CEO – Wholesale Banking (VC)
  • Mr. Rajesh Saxena, CEO - Consumer Banking (VC)
  • Mr. Banesh Prabhu, CEO - Intellect AI (VC)
  • Mr. Deepak Dastrala, CEO - Purple Fabric

Key Managerial Personnel:

  • Ms. Vasudha Subramaniam, Chief Financial Officer (In person)
  • Mr. Prakash Bharadwaj, Company Secretary (In person)

Shareholders: 100 members representing 5,78,67,867 shares (VC)

Auditors:

  • Representatives of MSKC associates (Statutory auditors) (VC)
  • Representatives of B Ravi & associates (Secretarial auditors & Scrutinizers)

Resolutions Transacted

Ordinary Business:

1. Adoption of Standalone and Consolidated Financial Statements and Reports thereon (Ordinary Resolution)

2. Declaration of final dividend of Rs. 4/- plus special dividend of Rs. 3/- per equity share for financial year ended March 31, 2026 (Ordinary Resolution)

Special Business:

3. Re-appointment of Mr. Ambrish P. Jain (DIN-07068438) as Independent Director for a term of 3 years (Special Resolution)

Voting Process

The remote e-voting commenced on Tuesday, July 28, 2026 (9 AM IST) and concluded on Thursday, July 30, 2026 (5 PM IST). During the AGM proceedings, the Chairman announced the commencement of e-voting and directed members to cast their votes through the NSDL e-voting system.

Voting Outcomes and Scrutinizer

Members were given opportunity to express views, make comments, and seek clarifications regarding company operations and financial performance. The Chairman addressed queries raised and provided an additional 15 minutes for members to vote on resolutions.

The voting results pursuant to Regulation 44(3) of the Listing Regulations, along with the Scrutinizer's Report pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, will be submitted separately.

Compliance and Signatories

The document confirms compliance with applicable regulations. The communication is signed by Prakash Bharadwaj, Company Secretary and Compliance Officer (ACS-37214), on behalf of Intellect Design Arena Limited.

Reference Information

  • Reference No.: IDAL/2026-27/SE/63
  • Date: July 31, 2026
  • Previous Intimation Ref.: IDAL/2026-27/SE/48 dated July 6, 2026