Quess Corp Limited Allots 28,395 Equity Shares Under Stock Ownership Plan
Quess Corp Limited announced that its Nomination and Remuneration Committee approved the exercise of Restricted Stock Units (RSU) and the subsequent allotment of equity shares under the Quess Stock Ownership Plan 2020 (QSOP 2020). The decision was made on June 09, 2026.The company allotted 28,395 equity shares, each priced at Rs. 10/-, to RSU holders who exercised their rights under the QSOP 2020. These newly issued equity shares rank pari-passu with the existing equity shares of Quess Corp Limited in all respects.
The allotment resulted in an increase in the paid-up share capital of the company, as detailed below:
| Capital Status | Shares (at Rs. 10/- each) | Total Value |
|---|---|---|
| Before Allotment | 14,93,31,454 | Rs. 1,49,33,14,540 |
| After Allotment | 14,93,59,849 | Rs. 1,49,35,98,490 |
The allotment and consequent increase in paid-up share capital reflect the execution of the QSOP 2020.
QUESS Stock Price Movement
Shares of Quess Corp Limited settled today, slipping marginally to close at ₹237.17 after the trading session concluded. The stock saw a volume of 942,681 shares change hands during the day, having ranged between a low of ₹234.93 and a high of ₹245.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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