At meeting held on 21 June 2018
Intellect Design Arena announced that the board of directors of the company at its meeting held on 21 June 2018 has approved the following -Retirement of S. Swaminathan as Chief Financial Officer of the Company with effect from the closing hours of 30 June 2018.
Appointment of Venkateswarlu Saranu as Chief Financial Officer of the Company with effect from 01 July 2018.
Extending an invitation to Andrew England to be on the Board of the Company on the recommendation of the Nomination Remuneration and Compensation Committee.
Taking on record the sale of 1.50 acres of land located at Hyderabad for a consideration of Rs.38 crore.
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