Intellect Design Arena Limited Allots 2,17,398 Equity Shares Under ESOP Schemes

Intellect Design Arena Limited has allotted 2,17,398 equity shares of ₹5 each under its Employee Stock Option Plans (ESOP) on April 21, 2026. The Stakeholders Relationship Committee of the Board of Directors approved the allotment through a circular resolution to eligible employees who exercised their options under the company's ESOP schemes.

Breakdown of Share Allotment

The shares were distributed across three different ESOP schemes:

Scheme Name Number of Shares Allotted Intellect Stock Option Plan 2015 (ISOP 2015) 22,204 Intellect Stock Option Plan 2016 (ISOP 2016) 2,800 Intellect Incentive Plan Scheme 2018 (IIPS 2018) 1,92,394 Total 2,17,398

Updated Capital Structure

Following this allotment, the company's issued and subscribed share capital stands increased to ₹69,94,72,595 divided into 13,98,94,519 equity shares of face value ₹5 each. The newly issued equity shares rank pari-passu with the existing equity shares, ensuring identical rights and privileges.

Regulatory Approvals

The company had previously received in-principle approvals from both stock exchanges for the ESOP schemes:

Stock Exchange ISOP 2015 ISOP 2016 IIPS 2018 National Stock Exchange of India Limited April 01, 2016 September 26, 2016 August 30, 2019 BSE Limited April 05, 2016 September 19, 2016 September 24, 2019

The distinctive numbers of the newly allotted shares range from 13,97,77,122 to 13,99,94,519. The shares carry the ISIN number INE306R01017. The filing was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Intellect Design Arena has successfully deployed its eMACH.ai Retail 6DX platform at OnCost, Kuwait's leading FMCG retailer and the nation's first wholesaler to open its doors to individual consumers. The implementation transforms OnCost's retail operations across its strategic branches, delivering enhanced omnichannel capabilities, improved inventory control, and faster checkout processes.

Strategic Digital Transformation

OnCost's adoption of the AI-First in-store retail platform represents a strategic pivot from restrictive legacy infrastructure to a cloud-native, microservices-led architecture. This transformation enables the retailer to build a foundation that can respond, learn, and evolve with every customer interaction in Kuwait's rapidly digitizing retail market.

Key Platform Capabilities

The eMACH.ai Retail 6DX implementation delivers comprehensive retail transformation capabilities across multiple operational areas:

Feature: Benefits Seamless Omnichannel Integration: Unified data layer bridging physical stores and digital touchpoints Precision Inventory Management: Real-time visibility of sales and stock levels across all branches Enhanced Checkout Velocity: High-speed, dual-screen POS deployment reducing wait times Hyper-Personalised Loyalty: Smart, API-led campaigns with targeted promotions

Advanced Technical Features

Built on First Principle Thinking principles, the platform transforms disjointed store operations into a synchronised retail engine. The comprehensive implementation includes:

Component: Capabilities POS Modernisation: Cloud-native billing systems ensuring business continuity AI-First Rewards: Rule-based cashback program analyzing customer patterns Real-Time Analytics: Access to over 30 custom reports tracking transactions Rapid Scalability: Efficient new store onboarding and operator training Complex Promotion Handling: Advanced engine managing unique pricing models

Leadership Perspectives

Rajan Thomas, Group CTO at OnCost, emphasized the platform's alignment with company objectives: "Our mission has always been to provide the best value and experience to our members. With eMACH.ai Retail 6DX, we have a platform that mirrors our ambition - deeply local, infinitely scalable, and intelligently connected."

Debanjan Kumar, CEO, iDTC, highlighted the transformation's significance: "OnCost's journey is a definitive example of first-principle reinvention. They chose to reimagine their foundation rather than patch old systems. This implementation is not just a technology deployment; it is a business transformation designed for resilience and relevance in the competitive Middle Eastern retail landscape."

About the Companies

OnCost operates as Kuwait's first "Wholesale to Retail" supermarket, combining bulk-buy savings with traditional supermarket convenience. The company serves both individual households and businesses across its growing network of stores in Kuwait.

Intellect Design Arena Ltd delivers composable and intelligent financial technology solutions to institutions across 61 countries, with three decades of domain expertise spanning multiple financial services sectors.

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