Intellect Design Arena Limited has granted Restricted Stock Units (RSUs) to its employees pursuant to the approval from the Nomination, Remuneration and Compensation Committee (NRCC) at its meeting held on Thursday, July 30, 2026.
Key Details of the Grant:
- Scheme Name: ISOP/RSU 2016
- Total RSUs Granted: 82,500
- Number of Associates Granted To: 7
- Grant Price of RSUs: ₹5
- Vesting Schedule: The 82,500 RSUs will vest in three equal annual installments at the end of the 3rd, 4th, and 5th year from the date of grant.
Additional Notes:
- This is a fresh grant of RSUs and is not against the surrender of any prior grants.
- Upon vesting, associates have the right to convert the RSUs into shares either in full or in tranches during the exercise period as defined in the scheme.
The disclosure is made in compliance with regulatory requirements and bears the reference ID IDAL/2026-27/SE/59 dated July 30, 2026.
Additional Announcements
This filing is specifically for the grant of RSUs and does not contain any other corporate updates.
- Name: Prakash Bharadwaj
- Designation: Company Secretary and Compliance Officer
- ACS Number: ACS-37214
- The document includes a digital signature with timestamp: July 30, 2026, 22:06:54 +05:30