Nature of Event

Allotment of 89,870 equity shares of ₹5 each to eligible employees under Associate (Employees) Stock Option Plan, approved by the Stakeholders Relationship Committee (SRC) via circular resolution on August 19, 2026.

Key Quantitative Figures

  • Total equity shares allotted: 89,870
  • Shares under Intellect Stock Option Plan 2015 (ISOP 2015): 46,201
  • Shares under Intellect Incentive Plan Scheme 2018 (IIPS 2018): 43,669
  • Face value per share: ₹5
  • Issued share capital after allotment: ₹70,17,82,855
  • Subscribed share capital after allotment: ₹70,17,82,855
  • Total number of equity shares after allotment: 14,03,56,571
  • Exercise price per share: ₹5 for both schemes, with no premium
  • Distinctive number range of new shares: 14,03,66,702 to 14,04,56,571

Parties Involved

  • Approving body: Stakeholders Relationship Committee (SRC) of the Board of Directors
  • Stock exchanges: National Stock Exchange of India Limited (NSE) and BSE Limited (BSE)
  • Beneficiaries: Eligible employees who exercised options

Impact

  • Increase in issued and subscribed share capital from previous levels (not quantified) to ₹70,17,82,855 divided into 14,03,56,571 equity shares.
  • New equity shares rank pari-passu with existing equity shares in all respects.
  • No lock-in period applicable to the allotted shares.
  • No listing fees payable for this issuance.
  • Financial impact not quantified beyond the capital increase.

Additional Details

  • Share certificate number: Not Applicable (likely issued in demat form)
  • The schemes are titled Intellect Stock Option Plan 2015 (ISOP 2015) and Intellect Incentive Plan Scheme 2018 (IIPS 2018)
  • Company is listed on BSE and NSE