Intellect Design Arena Limited has officially announced its strategic partnership with Sampath Bank PLC to transform corporate and SME banking services in Sri Lanka. The collaboration, announced under Regulation 30 on February 3, 2026, aims to modernize Sampath Bank's comprehensive transaction banking landscape using Intellect's advanced eMACH.ai platform.

Official Partnership Announcement

The partnership was formally announced through a regulatory filing to the National Stock Exchange of India Ltd and BSE Ltd. The collaboration focuses on implementing state-of-the-art solutions that will modernize Sampath Bank's transaction banking operations, including cash management, trade finance, and supply chain finance services.

Project Kick-off and Leadership Commitment

The transformation journey was formally initiated with a project kick-off ceremony held in January, attended by senior leadership from both organizations. Mr. Sanjaya Gunawardana, Managing Director/Chief Executive Officer of Sampath Bank PLC, and Mr. Ramanan SV, CEO - India and South Asia at Intellect Design Arena Ltd, led the ceremony alongside their respective corporate leadership teams.

Technology Platform and Solutions

The partnership will implement two flagship digital platforms powered by Intellect's eMACH.ai architecture:

Cash Management System (CMS)

A next-generation platform offering real-time liquidity visibility, automated payment workflows, and intelligent reconciliation designed to enhance working capital efficiency for corporates.

Supply Chain Finance (SCF)

A dynamic platform enabling data-driven working capital optimization, empowering the bank to deliver flexible, transparent, and secure financing across supplier and distributor ecosystems.

Leadership Perspectives

Sanjaya Gunawardana, Managing Director/Chief Executive Officer of Sampath Bank PLC, stated that the transformation marks a strategic leap towards building a digitally empowered, future-ready corporate banking ecosystem. He emphasized the bank's excitement about strengthening capabilities to deliver world-class experiences to corporate and SME customer segments.

Ramanan SV, CEO - India and South Asia at Intellect Design Arena Ltd, highlighted that the partnership reflects Intellect's commitment to reimagining banking through design, technology, and intelligence. He noted that the collaboration represents a shared vision to shape the future of corporate banking in Sri Lanka, going beyond platform deployment to deliver measurable business outcomes.

Market Impact and Future Outlook

This strategic alliance positions both companies to capitalize on the growing demand for digital banking solutions in Sri Lanka's corporate sector. The eMACH.ai platform's composable design enables speed to market, scalability and flexibility, embedded intelligence, and open integration capabilities, allowing Sampath Bank to continuously innovate and enhance customer experiences while reinforcing its position as a technology-driven leader in Sri Lanka's financial landscape.

Intellect design arena Limited has completed the allotment of 87,561 equity shares under its Employee Stock Option Plans (ESOP) on January 28, 2026. The allotment was approved by the Stakeholders Relationship Committee of the Board of Directors through a circular resolution, marking another milestone in the company's employee incentive programs.

ESOP Allotment Details

The share allotment was executed under two distinct employee stock option schemes operated by the company:

The shares were allotted to eligible employees who exercised their options granted under these schemes. Both schemes had an exercise price of ₹5/- per share with no premium charged.

Impact on Share Capital

Following this allotment, the company's capital structure has been updated significantly:

The newly issued equity shares will rank pari-passu with the existing equity shares, ensuring equal rights and privileges for all shareholders.

Regulatory Compliance

The company had previously obtained necessary in-principle approvals from both stock exchanges for these ESOP schemes:

The allotment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and detailed information has been provided under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Share Characteristics

The allotted shares carry the ISIN number INE306R01017 and are issued in demat form. No lock-in period applies to these shares, and no listing fees are payable for this allotment. The shares are identical in all respects to the existing equity shares of the company and will be available for trading on both NSE and BSE where the company's shares are listed.