Intellect Design Arena Limited has made a regulatory disclosure regarding the allotment of equity shares under employee stock option plans.
Key Quantitative Figures
- Total equity shares allotted: 91,023 shares of ₹5 each
- Breakdown by scheme:
- Intellect Stock Option Plan 2015 (ISOP 2015): 26,823 equity shares
- Intellect Incentive Plan Scheme 2018 (IIPS 2018): 64,200 equity shares
- Post-allotment issued share capital: ₹70,13,33,505
- Post-allotment total equity shares: 14,02,66,701 shares of face value ₹5 each
- Distinctive numbers of shares: 14,02,75,679 - 14,03,66,701
Exercise Price Details
- ISOP 2015 Scheme: ₹5.00 + ₹344.95 premium = ₹349.95 total per share
- IIPS 2018 Scheme: ₹5.00 exercise price with no premium
Dates of Action
- Allotment date: July 20, 2026
- Previous in-principle approval dates:
- ISOP 2015: NSE - April 1, 2016; BSE - April 5, 2016
- IIPS 2018: NSE - August 30, 2019; BSE - September 24, 2019
Parties Involved
- Approving authority: Stakeholders Relationship Committee (SRC) of the Board of Directors
- Regulatory bodies: National Stock Exchange of India Limited, BSE Limited
- Company official: Prakash Bharadwaj, Company Secretary and Compliance Officer (ACS-37214)
Capital Structure Impact
The new equity shares issued shall rank pari-passu with the existing equity shares of the company. There are no lock-in restrictions applicable to these shares.
Additional Information
- Share certificate numbers: Not applicable
- Listing fees: Not applicable
- The company had received in-principle approvals from stock exchanges with specific reference numbers:
- ISOP 2015: NSE/ LIST/ 68005, BSE: DCS / IPO / ST / ESOP-IP/905 / 2016 – 17
- IIPS 2018: NSE/LIST/21614, BSE: DCS/IPO/JR/ESOP -IP/288/2019-20
Filing Details
Previous filings were made with stock exchanges:
- ISOP 2015 Scheme: Filed with BSE and NSE on March 23, 2016 (BSE Filing No: 32350, NSE Filing No: 8778)
- IIPS 2018 Scheme: Filed with BSE and NSE on August 13, 2019 (BSE Filing No: 97651, NSE Filing No: 21614)