Quess Corp Limited — Others, 01-04-2025: ESOP/ESOS/ESPS

Quess Corp has announced a board meeting to approve the grant of 111,912 Restricted Stock Units (RSUs) to eligible employees under the Quess Stock Ownership Plan 2020. These RSUs will vest over one year upon meeting performance criteria and can be exercised within three years post-vest. Additionally, 30,872 equity shares are allotted to RSU holders who exercised their options. Following these transactions, the company's paid-up share capital increases from ₹1,489.2 Cr to ₹1,489.5 Cr. This strategic move aims to enhance employee engagement and align interests with shareholders, likely leading to a positive outlook among investors.