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Intellect Design Arena Ltd ( (IN:INTELLECT) ) has shared an update.
Intellect Design Arena Ltd has announced the grant of 185,500 Restricted Stock Units (RSUs) to 17 associates under its ISOP 2016 Scheme. The RSUs, which have a grant price of Rs. 5, will vest over a period of four to five years, allowing associates to convert them into shares during the exercise period. This move is part of the company’s strategy to incentivize and retain talent, potentially strengthening its market position and aligning employee interests with company growth.
More about Intellect Design Arena Ltd
Intellect Design Arena Ltd operates in the financial technology industry, providing digital solutions and services primarily focused on banking, insurance, and other financial services sectors.
Average Trading Volume: 30,569
Technical Sentiment Signal: Buy
Current Market Cap: 144.4B INR
For a thorough assessment of INTELLECT stock, go to TipRanks’ Stock Analysis page.