QUESS CORP LIMITED has informed the Exchange about Resignation of Independent director.
QUESS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Quess Corp's board, at its meeting on June 19, 2025, approved several director changes. Two Independent Directors are exiting: Ms. Revathy Ashok will relinquish her position on June 30, 2025 after completing 10 years on the board, while Mr. Gaurav Mathur will cease to be a Director on August 30, 2025 after completing his 5-year term — both citing personal and professional commitments. To fill the gap, the board appointed three new Independent Directors — Ms. Sudha Suresh (ex-CFO and MD/CEO of Ujjivan Financial Services), Mr. S Devarajan (ex-MD of Cisco India and Tata Elxsi), and Dr. Vivek Mansingh (former President at Cisco, currently General Partner at Your Nest VC Fund) — each for a 5-year term. Mr. Kalpathi Ratna Girish was also re-appointed for a second 5-year term as Independent Director. Additionally, Mr. Parameshwar G Bhat was appointed as the new Secretarial Auditor for 5 years starting FY 2025-26, and the 18th AGM was scheduled for August 29, 2025 with August 8, 2025 as the record date for the final dividend.
This is a routine governance refresh rather than a negative signal — both outgoing directors cited personal commitments, not any governance issues. The new appointees bring strong finance and technology credentials, which should reassure shareholders about board quality. Investors should note the August 8, 2025 record date for dividend eligibility.