Intellect Design Arena Limited — Others, 02-07-2025: Shareholders meeting

Intellect Design Arena Limited has announced a board meeting on the adoption of its audited standalone and consolidated financial statements for FY 2024-25, including declaration of a final dividend of Rs. 4 plus a special dividend of Rs. 3 per equity share. It proposes the re-appointment of Mr. Anil Kumar Verma as Director and Mr. Arun Jain as Managing Director for a further five years with annual perquisites capped at Rs. 20 lakhs. M/s B Ravi and Associates is nominated as Secretarial Auditor for five years with an annual fee of Rs. 12 lakhs. The company also seeks shareholder approval for commission payment up to Rs. 24 lakhs per year to Non-Executive and Independent Directors, reflecting their critical role in governance and oversight. Voting will be conducted electronically via NSDL for shareholders.