Quess Corp Limited — Others, 01-04-2025: ESOP/ESOS/ESPS
01-04-2025 · 07:00 pm
Quess Corp's Nomination and Remuneration Committee has approved the grant of 111,912 Restricted Stock Units (RSUs) to eligible employees under the Quess Stock Ownership Plan-2020 (QSOP 2020), which will vest over one year based on performance criteria. Additionally, 30,872 equity shares will be allotted to RSU holders who exercise their options. This moves the company's paid-up share capital from ₹1,489.19 crore to ₹1,489.49 crore. The issuance may enhance employee motivation and align their interests with shareholder value, potentially resulting in a positive outlook for investor sentiment.
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