Intellect Design Arena Ltd.

Intellect Design Arena has informed that the Members of the Stakeholders Relationship Committee of the Company vide its Circular Resolution dated December 28, 2016 has approved the allotment of 4,200 shares to 2 associates under ASOP 2003 Scheme, the allotment of 3,800 shares to 4 associates under ASOP 2011 Scheme and the allotment of 500 shares to 1 associate under ISOP 2015 scheme.

The above information is a part of company’s filings submitted to BSE.