Quess Corp Limited has informed the Exchange regarding Allotment of 30872 Shares.

Quess Corp's Nomination and Remuneration Committee approved the grant of 111,912 Restricted Stock Units (RSUs) to eligible employees at a face value of Rs. 10 per RSU, vesting over one year. Separately, 30,872 equity shares were allotted to employees who had exercised their RSUs under the Quess Stock Ownership Plan 2020. As a result, the company's paid-up share capital rose from 14,89,18,541 to 14,89,49,413 equity shares of Rs. 10 each, an increase of about Rs. 3.09 lakh in capital. The newly issued shares will rank equally with existing equity shares.