
Board Meeting30 Oct 2026, 01:18 pm
Intellect Design Arena Appoints Suresh Eshwara Prabhala as Independent Director
AI Summary
Intellect Design Arena Limited announced the outcome of its board meeting held on October 30, 2026. The board approved the unaudited financial results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026, along with the Limited Review Report from the auditors, which had an unmodified opinion. Additionally, the board approved the appointment of Mr. Suresh Eshwara Prabhala as an Additional Director, designated as an Independent Director for a term of 5 years, subject to shareholder approval. Mr. Prabhala is not debarred from holding directorships by any regulatory authority.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Auditors issued an unmodified Limited Review Report.
- Appointed Suresh Eshwara Prabhala as Additional Independent Director.
- Director appointment is for a 5-year term.
- Appointment is subject to shareholder approval via postal ballot.
Price Impact
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