Quess Corp Ltd. Allots Equity Shares Under Stock Ownership Plan
Quess Corp Ltd. announced today, March 24, 2026, the allotment of equity shares under the Quess Stock Ownership Plan 2020 (QSOP 2020). The Nomination and Remuneration Committee approved the exercise of Restricted Stock Units (RSUs) and the subsequent allotment.A total of 1,13,847 equity shares, each with a face value of Rs. 10, were allotted to RSU holders. These newly issued shares will rank equally with existing shares of the company.
The allotment has resulted in an increase in the company’s paid-up share capital. The details are outlined below:
| From | To |
|---|---|
| 14,92,17,607 equity shares of Rs. 10/- each aggregating to Rs. 1,49,21,76,070 | 14,93,31,454 equity shares of Rs. 10/- each aggregating to Rs. 1,49,33,14,540 |
The company’s website, www.quesscorp.com, will host additional information related to this allotment.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.