Quess Corp Limited — Important, 05-02-2025: General Updates

The Nomination and Remuneration Committee has approved the grant of 19,179 Restricted Stock Units (RSUs) under the Quess Stock Ownership Plan-2020 (QSOP 2020) to eligible employees and subsidiaries. Each RSU has a face value of Rs.10 and will vest between one to four years based on performance parameters established by the committee. Upon vesting, each RSU can be converted into one equity share of Rs.10, with a three-year exercise period post-vesting. This move aims to enhance employee engagement and aligns their interests with the company’s performance. Investors should view this positively, as it could strengthen talent retention and support long-term growth.