Intellect Design Arena has informed that the Members of the Stakeholders' Relationship Committee of Board of Directors of the Company vide its Circular Resolution dated February 16, 2022 approved the allotment of 51,000 equity shares to 1 associate under ASOP 2011 Scheme, the allotment of 81,675 equity shares to 17 associates under ISOP 2015 Scheme ,the allotment of 400 equity shares to 2 associates under ISOP 2016 Scheme and 3,687 equites shares to 4 associates under Incentive Plan Scheme 2018 on February 17, 2022.
The above information is a part of company’s filings submitted to BSE.
