Quess Corp Limited — Others, 24-02-2025: ESOP/ESOS/ESPS
24-02-2025 | 04:09 pm
24-02-2025 | 04:09 pm
Quess Corp has announced a board meeting to approve the grant of 78,585 Restricted Stock Units (RSUs) under the Quess Stock Ownership Plan-2020. Each RSU, with a face value of Rs.10, will vest over one year and can be converted into equity shares upon meeting performance criteria. Eligible employees may exercise these RSUs within three years after vesting. This strategic move aims to enhance employee engagement and retention, potentially fostering a positive outlook among investors as it aligns management interests with shareholder value while introducing performance-linked incentives.
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