Intellect Design Arena Limited disclosed the grant of Restricted Stock Units (RSUs) under its employee stock option schemes. The grant was approved by the Nomination, Remuneration and Compensation Committee (NRCC) of the Company at its meeting held on Thursday, October 29, 2026.

Grant Details

  • Scheme: ISOP/RSU 2016
  • Total RSUs Granted: 183,500
  • Number of Associates: 19
  • Grant Price per RSU: ₹5

Vesting Schedule

  • 178,500 RSUs for 18 associates: Equally distributed over the 3rd, 4th, and 5th year from grant date
  • 5,000 RSUs for 1 associate: Equally distributed in the 1st, 2nd, and 3rd year from grant date

Additional Notes

  • These are fresh grants and not against surrender of any prior grants
  • On expiry of the vesting period, associates shall have the right to convert the RSUs into shares either in full or in tranches at any time during the exercise period as provided under the Scheme

The disclosure was signed by Prakash Bharadwaj, Company Secretary and Compliance Officer (ACS-37214), on October 29, 2026.