Intellect Design Arena has informed that Members of the Stakeholders’ Relationship Committee of the Company vide its Circular Resolution dated November 19, 2020 has approved the allotment of 18,250 shares to three (03) associates under ASOP 2011 Scheme, the allotment of 4,250 shares to Two (02) associates under ISOP 2015 Scheme, the allotment of 10,250 shares to four (04) associate under ISOP 2016 Scheme and the allotment of 8,850 to five (05) associates under Intellect Incentive Plan Scheme 2018 (Intellect Incentive Scheme 2018) scheme on November 20, 2020. The summary of the allotment is enclosed.
The above information is a part of company’s filings submitted to BSE.