Intellect Design Arena Limited — Others, 21-02-2025: ESOP/ESOS/ESPS

Intellect Design Arena Limited has announced a board meeting focusing on the grant of 2,54,500 Restricted Stock Units (RSUs) under the ISOP 2016 Scheme to 22 associates, including 20,000 RSUs for four associates from Adrenalin eSystems Ltd. These RSUs have a grant price of Rs. 5 and will vest over five years, with equal distribution at the end of the third, fourth, and fifth years. This initiative aims to incentivize associates and align their interests with company performance. Investors may view this as a positive outlook on employee engagement and potential operational growth.