QUESSBSEQuess Corp LtdLowNeutral
Announced Thu, 18 Jun · 13:16 IST

In-principle nod from BSE and NSE for listing 52.5 lakh shares under ESOP 2026

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QUESS · price

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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹248.26
prior close
₹249.98
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AI summary

Quess Corp has received in-principle approvals from BSE and NSE to list up to 52,50,000 equity shares of face value Rs. 10 each under the Quess Stock Ownership Plan 2026. This is an employee stock ownership plan (ESOP), meaning the shares are meant to be issued to employees as part of compensation. The approval is a procedural step before the actual allotment and listing of these shares.

Likely market impact

Mild future dilution possible as shares will be allotted to employees under the ESOP. No immediate material impact on stock price; routine procedural approval.