Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements), 2015, Intellect Design Arena Limited informed that Mr. Pranav Pasricha, one of the Business Unit Heads of Intellect responsible for the Insurance vertical, has resigned from the Company to follow other pursuits. The responsibility for the insurance vertical will be taken over by Mr. Banesh Prabhu who brings over 30 years experience of running large global businesses including Citibank.