Intellect Design Arena Ltd.

Intellect Design Arena has received an approval for the divestment of equity shares held in its wholly owned subsidiary ‘SFL Properties’. The board of directors at their meeting held on July 28, 2015 has received an approval for the same.

Intellect Design Arena is a Polaris Group company, a global leader in Financial Technology for Banking, Insurance and other Financial Services. Intellect embodies rich Intellectual Property and robust platforms & products across Global Consumer Banking (iGCB), Central Banking, Risk & Treasury Management (iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC).