Intellect Design Arena has announced a significant deal win, with Mainstreet Credit Union selecting its eMACH.ai Digital Engagement Platform (DEP) to transform the digital banking experience for its 25,300+ members across Southwestern Ontario. The announcement was made on May 11, 2026, and filed with the National Stock Exchange of India Ltd and BSE Ltd under Regulation 30.

Deal Overview

Mainstreet Credit Union's adoption of the eMACH.ai DEP focuses on addressing friction commonly found in legacy platforms. The platform will be delivered as a multi-tenant SaaS solution, ensuring high security and automatic updates while enabling the credit union to scale its community-focused mission with digital ease. The deployment includes two specialized modules tailored to Mainstreet's operational needs.

Key Capabilities Enabled for Mainstreet Members

The eMACH.ai DEP implementation equips Mainstreet Credit Union with a range of member-centric capabilities:

• Accelerated member acquisition: Real-time identity verification and automated document upload for retail and small business accounts, enabling account opening in minutes and significantly reducing back-office workload.
• Empowered financial wellness: The PFM module helps members save for their financial goals and see categorised monthly spends, enabling better financial habits.
• Personalised banking: Mainstreet can define and offer specific groupings of features to targeted member segments, improving upsell and cross-sell.
• Support for small business members: Comprehensive support including access management, multi-signer approvals, handling B2B, and a single consolidated login for accessing both retail and business profiles.

Leadership Perspectives

Chris Inniss, President & CEO, Mainstreet Credit Union, commented on the partnership: "At Mainstreet, our focus has always been on helping our members feel confident in their financial future through personalized financial advice supported by technology. Our partnership with Intellect and the implementation of eMACH.ai DEP allows us to strengthen that approach by making it easier for members and small businesses to get started, manage their finances, and access advice in the way that's most convenient for them. By combining strong advice with intuitive digital tools, we're delivering a more responsive and flexible experience that helps our members make informed financial decisions and stay on track toward their goals."

Rajesh Saxena, CEO, Intellect Consumer Banking, added: "True digital transformation is about more than just modernizing software; it is about deepening the relationship between a credit union and its community. In partnering with Mainstreet Credit Union, our goal was to ensure that their digital experience feels as personal and supportive as a face-to-face conversation. By removing the friction from daily banking, we are helping Mainstreet Credit Union stay at the heart of their members' financial lives, providing the agility they need to grow while staying true to their cooperative values. We welcome Mainstreet Credit Union to our growing partner family of 30+ credit unions in Canada."

About Intellect Design Arena Limited

Intellect Design Arena Ltd is a global leader in AI-First, enterprise-grade financial technology, serving over 500+ customers across 61 countries. The company delivers composable, intelligent platforms across Wholesale Banking, Consumer Banking, Central Banking, Wealth, Capital Markets, Treasury, Insurance and Digital Technology for Commerce. At the core of its AI-First architecture are eMACH.ai, Purple Fabric, and iTurmeric. The company operates the 8012 FinTech Design Center—the world's first Design Center dedicated to Design Thinking principles—and is supported by a global workforce of domain, solution and technology experts.

Intellect Design Arena Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, at its meeting held on May 08, 2026. The company reported a strong financial performance for the full year, with FY26 total income growing 23% to INR 3,161 Cr from INR 2,577 Cr in FY25. The board recommended a dividend of Rs. 7 per share, comprising a final dividend of Rs. 4 and a special dividend of Rs. 3 per equity share of face value Rs. 5 each, subject to shareholder approval. The record date is fixed for Friday, July 24, 2026, and the 15th AGM is scheduled for Friday, July 31, 2026. Pursuant to Regulation 47 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the audited results were published on May 9, 2026 in Business Line (English) and Dinamani (Tamil), with a QR code linking to the complete financial results on the company's website.

Financial Performance: Q4 and Full Year FY26

FY26 EBITDA stood at INR 703 Cr against INR 608 Cr in FY25, with an EBITDA margin of 19.1%, surpassing the upper end of the guidance range of 16–19%. Profit Before Tax for FY26 increased to INR 493 Cr from INR 442 Cr in the previous year. On a quarterly basis, Q4 FY26 total income was INR 884 Cr, with EBITDA at INR 221 Cr and Profit Before Tax at INR 162 Cr. Collections for FY26 stood at INR 3,043 Cr versus INR 2,371 Cr in FY25, with cash and cash equivalents at INR 1,257 Cr. The following table presents the key income and profitability metrics on a function-wise basis (INR Cr):

Note: Exceptional item comprises Gratuity Provision of INR 30.84 Cr and the resultant deferred tax of INR 7.76 Cr in Q3 FY26.

Strategic Momentum and Pipeline

License-linked revenue (License + Platform + AMC) for FY26 surged 34% to INR 1,667 Cr from INR 1,247 Cr in FY25. Platform revenue grew to INR 580 Cr from INR 241 Cr in FY25, while License revenue stood at INR 517 Cr versus INR 503 Cr in FY25, and AMC revenue rose to INR 570 Cr from INR 503 Cr in FY25. The company reported a pipeline value of INR 12,099 Cr, an 18% YoY increase, with 99 destiny deals. The company's competitive position is anchored by two innovation engines: eMACH.ai, featuring 700 microservices, 3,061 APIs, and 942 events, and Purple Fabric, powered by 550+ domain-aware AI agents, delivering 95%+ accuracy in regulated environments.

In terms of deal momentum, eMACH.ai accelerated growth with 59 new customers in FY26, with 91 global financial institutions completing their digital transformation (Go-Live) on Intellect platforms. In Q4 FY26 alone, 15 new customers were secured and 25 digital transformations were completed globally. The company secured 23 senior leaders at the SVP level and above in FY26.

Management Transitions

The board announced several organizational changes effective June 1, 2026. Ms. Sudha Gopalakrishnan, Chief Assurance & Governance officer, will retire upon attaining superannuation. Mr. Krishna Rajaraman, currently Chief Technology Officer (CTO), will transition to the role of Head – Customer Delivery Experience. Mr. Vivek Gupta, President & Head of Consulting, is re-designated as Chief Customer Officer. Mr. Prashant Lalchandani has been appointed as the Chief Technology Officer (CTO) of the Company, designated as Senior Management Personnel.