The Board of Directors of Intellect Design Arena Ltd at its meeting held on March 16, 2015, has approved, the allotment of 119,500 numbers of Equity Shares of Rs. 5/- each to 19 (Nineteen) Associates under ASOP 2003 Scheme and 29,250 numbers of Equity Shares of Rs. 5/- each to 14 (Fourteen) Associates under ASOP 2011 Scheme.