Quess Corp Limited — Others, 11-12-2024: ESOP/ESOS/ESPS

The Nomination and Remuneration Committee of Quess Corp has approved the allotment of 61,657 equity shares under the Quess Stock Ownership Plan-2020. This allotment increases the paid-up share capital from 148,625,678 shares (Rs. 1,486.26 Cr) to 148,687,335 shares (Rs. 1,486.87 Cr). The allotted shares will hold the same rights as existing shares, enhancing employee engagement and possibly boosting morale. This move could foster a positive outlook among investors by aligning employee interests with shareholder value, presenting a strategic opportunity for long-term growth.