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Intellect Design Arena has announced an allotment of 29,307 new Equity Shares to its employees. These shares were issued under the company's ESOP schemes, with exercise prices varying from Rs. 5 to Rs. 344.95 per share. This exercise by employees results in a slight increase in the company's paid-up share capital, moving from Rs. 69.51 Cr to Rs. 69.52 Cr. It reflects employee participation and a small fund infusion into the company. The newly allotted shares will be listed for trading on the NSE and BSE.