NSEGeneral Updates6 Aug 2026 · 6 Aug 2026, 05:59 pm

General Updates

Intellect Design Arena Limited · INTELLECT

✦ AI SummaryJoint Venture

Intellect Design Arena Limited has informed the Exchange about the incorporation of its joint venture entity, Project Purple Ventures Limited, in the United Kingdom.

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Earnings Impact0/10
Growth Catalyst2/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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Full Announcement

Intellect Design Arena Limited has informed the Exchange about updates on JV - Incorporation of JV Entity

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INTELLECT_06082026175849_Update_Incorporation_of_JV_Entity.pdf

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IDAL/2026-27/SE/69 August 6, 2026 National Stock Exchange of India Ltd Scrip Symbol - INTELLECT BSE Ltd. Scrip Code - 538835 Dear Sir/Madam, Sub: Incorporation of JV entity With reference to our earlier disclosure bearing reference no. IDAL/2025-26/SE/113 dated March 16, 2026, we wish to inform you that the Company has today received an intimation that the proposed joint venture entity has been duly incorporated in the United Kingdom as a private company limited by shares, under the name "Project Purple Ventures Limited", pursuant to a Certificate of Incorporation issued by the Registrar of Companies for England and Wales, Companies House, dated August 4, 2026. The said entity has been incorporated as per the terms and structure envisaged in the definitive agreement(s) referred to in our aforementioned disclosure, with the Company being one of the subscribers to the Memorandum of Association of the said entity. Kindly take the above information on record. Yours Truly, For Intellect Design Arena Limited Prakash Bharadwaj Company Secretary and Compliance Officer ACS-37214