Intellect Design Arena Ltd

Intellect Design Arena will hold a meeting of the Board of Directors of the Company on 8 May 2026.

Intellect Design Arena has allotted 2,17,398 equity shares under ESOP on 21 April 2026. With this allotment, the paid up equity share capital has increased to Rs 69,94,72,595 divided into 13,98,94,519 equity shares of face value of Rs 5/- each.

Intellect Design Arena announced that OnCost, Kuwait's leading FMCG retailer and the nation's first wholesaler to open its doors to individual consumers, has digitally transformed its operations with eMACH.ai Retail 6DX. This advanced AI-First in-store retail platform has been deployed across OnCost's branches, marking a strategic leap into next-generation, experience-driven in-store retail. In a market defined by high consumer expectations and rapid digital adoption, OnCost's shift to eMACH.ai Retail 6DX represents a conscious pivot from restrictive legacy infrastructure to a cloud-native, microservices-led architecture. By moving away from monolithic systems, OnCost has built a foundation that can respond, learn, and evolve with every customer interaction. Debanjan Kumar, CEO, iDTC, added: Oncost's journey is a definitive example of first-principle reinvention. They chose to reimagine their foundation rather than patch old systems. This implementation is not just a technology deployment; it is a business transformation designed for resilience and relevance in the competitive Middle Eastern retail landscape.

Intellect Design Arena announced the launch of eMACH.ai Islamic Banking. Built on a cloud-native, microservices-based platform, this comprehensive suite is AAOIFI-compliant and purpose built to help banks scale while complying effectively with evolving Shariah regulations. Existing Islamic banking solutions are built on legacy systems and superficial Shariah bolt-ons that lack necessary Shariah controls, regulatory requirements and overall future-readiness required by Islamic Banks. eMACH.ai Islamic Banking - a digital-first, AAOIFI-compliant platform is purpose-built on eMACH.ai (Events, Microservices, API, Cloud, Headless, AI) foundation with Shariah by design principles. The platform delivers a robust and comprehensive suite that caters to every facet of the banking ecosystem including a Core Transaction Engine, which offers DIY configurable accounts such as Wadiah, Mudarabah, and Wakala. This engine facilitates quick go-to-market strategies and real-time ledger management. Ensuring Shari'ah-compliant profit payouts is complex and time-consuming without an automated solution. That is why the Islamic Pool Management capability utilises embedded AI for forecasting, profit management & distribution, and zakat management. Meanwhile, the Islamic Financing capability supports the entire financing lifecycle for instruments like Murabaha, Operating Ijarah, Ijarah Muntahia Bittamleek, Musharakah, Tawarruq, Istisna'a, and Qard Hasan. The platform further extends its reach to an end-to-end Islamic Trade Finance and a fully automated Islamic Treasury. Rajesh Saxena, CEO of Intellect Consumer Banking, said, Following the significant business impact delivered by our eMACH.ai platform to hundreds of banks globally, we are now proud to launch eMACH.ai Islamic Banking. The Islamic finance industry has long been underserved by rigid, monolithic architecture that struggles to provide Shariah integrity, flexibility and scalability. eMACH.ai Islamic Banking platform represents a fundamental shift: it is purpose-built on 'Sharia by design code,' where the architecture itself is natively designed for Islamic banking. By leveraging composable functionality and a certified full capability, we empower bankers to move past operational complexities with ease of setup and extensibility. This isn't just a digital layer; our platform ensures seamless integration with existing systems and 6-9 months of implementation time, finally resolving the friction between high growth financial aspirations and the operational complexities of Shariah compliance.

Intellect Design Arena announced that one of India's Leading E-commerce Giants, serving a registered user base of more than 500 million, has selected Purple Fabric Accounts Payable to transform financial operations and streamline workflows across its extensive network of sellers and partners. As the enterprise continues to scale its operations, it operates at a magnitude defined by a marketplace offering over 150 million products across 75+ categories. Today, the platform supports a seller ecosystem of nearly 1.5 million merchants and partners, with industry estimates placing GMV in excess of Rs. 1.5 lakh crore. With over 7 million shipments processed in a single day, the e-commerce entity operates in a high-volume environment, making complex vendor reconciliations and payments a significant operational challenge. At this scale, even marginal inefficiencies can impact financial outcomes, seller experience, and overall ecosystem trust. Purple Fabric Accounts Payable addresses these challenges by eliminating manual bottlenecks, strengthening compliance, and delivering cost efficiencies at enterprise scale. Built on First Principles Thinking and powered by Open Business Impact AI, the platform enables a shift from task-based automation to autonomous, decision-led financial operations, allowing enterprises to manage complexity, scale, and financial control in real time. Debanjan Kumar, CEO, Intellect Digital Technology for Commerce (iDTC), Intellect Design Arena, said, 'Accounts Payable is no longer a back-office function. It is becoming a critical lever for financial control, working capital efficiency, and ecosystem trust in high-scale digital commerce. For one of India's leading e-commerce giants, this means the ability to operate with greater speed, precision, and financial discipline, strengthening its competitive edge in a rapidly evolving market. With Purple Fabric Accounts Payable, we are enabling enterprises to embed intelligence directly into financial decisioning, creating systems that continuously learn, adapt, and optimise. This marks a shift from managing processes to orchestrating outcomes, where finance becomes proactive, predictive, and integral to business growth.' Powered by Capital Market - Live

Intellect Design Arena is helping to transform Bulkley Valley Credit Union (BVCU)'s lending capability. By implementing Intellect's eMACH.ai Lending loan origination capability, BVCU replaces manual workflows with an automated credit evaluation and recommendation engine, significantly accelerating the borrowing process for its 17,000 members across both personal and business loans. Further, PF Credit, a suite of AI-based digital experts, accelerates the loan origination process. BVCU's selection of eMACH.ai Lending and PF Credit follows its choice of Intellect's eMACH.ai Digital Engagement Platform in December 2025 to provide an integrated digital experience for its members. Rajesh Saxena, CEO, Intellect Consumer Banking added, Bulkley Valley Credit Union is setting a new standard for member service in Canada. By adopting eMACH.ai Digital Engagement Platform and now the AI-first loan origination capability of the eMACH.ai Lending Platform and PF Credit, they are not just upgrading technology; they are scaling their success using a platform, adding immense value to their member experience. We are proud to support BVCU as they break free from legacy constraints to ensure the vital work they do for their local communities continues seamlessly. Powered by Capital Market - Live

Intellect Design Arena announced a strategic partnership with Fintel PLC (AIM: FNTL), a listed and leading provider of fintech and support services to the UK retail financial services sector, via the formation of a 50:50 joint venture in the United Kingdom. The joint venture will deploy and commercialise Intellect's globally proven enterprise grade Agentic AI platform into the UK Wealth Management market via Fintel's extensive client portfolio. It aims to be the UK market leader in this sector of Financial Services. The joint venture will operate as a dedicated UK entity combining Intellect's global AI architecture leadership with Fintel's distribution reach, regulatory insight, and ecosystem intelligence. The platform launches with UK-aligned advisory capabilities and expands continuously as new Digital Experts are introduced. Over time, the architecture is designed to evolve into a comprehensive AI operating layer supporting the full lifecycle of advisory relationships from client acquisition to long-term supervision and engagement. The partners believe the initiative marks a turning point in advisory infrastructure. In the AI era, platforms will no longer be static software suites; they will be adaptive ecosystems capable of learning, scaling, and evolving alongside the firms they serve. Commenting about the Joint Venture, Banesh Prabhu, CEO of IntellectAI, 'This joint venture is about delivering an AI-first operating architecture for financial advice rather than adding another layer of software to an already complex technology stack. Legacy advisory platforms were designed primarily to record activity and manage workflows, whereas we are designing infrastructure that thinks, supervises, and guides execution in real time. When intelligence is embedded into the operating fabric of a firm, adviser capacity expands without proportional cost growth, compliance becomes proactive rather than reactive, and client outcomes improve as a system property rather than through manual effort. The UK is one of the most sophisticated advisory markets globally, and it demands technology that is native to its regulatory, operational, and product realities. By combining Intellect's eMACH.ai architecture with Fintel's deep market reach, we are creating a platform that amplifies human advisers rather than replacing them, enabling firms to scale trust, resilience, and productivity in the Agentic AI era.'Powered by Capital Market - Live

Intellect Design Arena announced that a leading Indian financial services group has selected its Purple Fabric platform to drive enterprise-scale AI transformation across its ecosystem. The mandate will initially cover five entities within the group, establishing a strong foundation for a long-term enterprise-wide AI adoption. The platform will enable enhanced operational intelligence, cross-functional collaboration, stronger governance controls, and measurable business impact across core financial workflows. Built using First-Principles Thinking and reinforced by Design Thinking-led solution discovery, Purple Fabric integrates knowledge derived from over three decades of domain expertise and more than 20 million engineering hours. The platform offers a robust suite of enterprise-ready Digital Experts that are already deployed and trusted by global financial institutions. Ramanan S V, Chief Executive Officer, India and South Asia, Intellect Design Arena, said, 'India's financial services sector is entering a defining phase where AI must move beyond experimentation and become a structured enterprise capability. In regulated environments, intelligence must be governed, deterministic, and aligned to generating measurable business impact. Purple Fabric was built to operationalise AI at scale, enhancing decision velocity, strengthening risk and compliance frameworks, and delivering superior customer experiences. This mandate reflects a clear strategic intent by forward-looking financial institutions to move beyond experimentation and embed AI into the core of their business architecture. We are proud to partner in shaping that transformation.' Powered by Capital Market - Live

Intellect Design Arena announced the launch of Academic TeamSpace, a secure, collaborative AI environment built on Intellect's Purple Fabric Open Business Impact AI platform to enable colleges and universities to operationalise AI for learning, research and institutional innovation. As part of the initiative, Intellect signed a Memorandum of Understanding (MoU) with 6 leading institutes, including University of Stirling (Ras Al Khaimah campus, UAE), SRM Institute of Science & Technology (Trichy & Ramapuram campuses, Tamil Nadu), Sairam Institutions (Chennai, Tamil Nadu), Periyar Maniammai Institute of Science & Technology (Thanjavur, Tamil Nadu), Vignana Jyothi Institute of Management (Hyderabad) and Lloyd Institute of Engineering & Technology (Noida campus, Uttar Pradesh). The MoU with these institutions intends to establish an Academic TeamSpace hub that will serve as a shared AI innovation environment for academic institutions. More importantly, it promotes multi-departmental cocreation, thereby creating an ecosystem for governed AI experimentation and applied learning. Academic TeamSpace extends Intellect's Purple Fabric 'Enterprise AI on Tap' model into the education sector. It enables institutions to access enterprise-grade AI through a subscription model, ensuring governance, academic integrity and responsible usage. Powered by Capital Market - Live

Intellect Design Arena  announced the launch of eMACH.ai AI-First banking as part of its participation at India AI Impact Summit 2026 in New Delhi. The platform is purpose-built to drive inclusive banking with 550 domain-aware agents across Lending, Trade, Payments, Treasury, Wealth, Bank Operations, Customer Servicing and Complaint Management. The AI-First Banking ecosystem empowers banks to make banking invisible, intelligent, and inseparable from their daily life. The AI-First banking ecosystem is purpose-built for Indian banks and leverages enterprise-grade knowledge to deliver high-impact applications that comply with local regulatory protocols. Arun Jain, Chairman & Managing Director of Intellect Design Arena, said: I am extremely excited to launch the next wave in Inclusive Intelligent Banking. Banking customers are no longer limited by their resources, exposure, access, or the language they speak. We have achieved Boundaryless Banking by launching multi-lingual, Natural language based AI-First Banking for a global audience. It's here and now for everyone to experience. Indian banking has always been a global pioneer, leading with inclusive financial innovations such as UPI and the Aadhaar-enabled payment system to deliver value to the common man. We at Intellect are proud to offer an AI-first banking ecosystem that enables banks to accelerate innovation through first-principles thinking, keeping the needs of the common man at the heart of our design.' 'By being multilingual and natural-language-experience based, our ecosystem reaches the common man and democratises banking innovation, making it accessible to every remote banking customer. By embedding compliance into its DNA, Intellect is enabling Indian banks to transform their cost structures while delivering human-centric, auditable, and resilient AI outcomes at scale,' Arun added.Powered by Capital Market - Live