QUESSNSEQuess Corp LimitedLowNeutral
Announced Mon, 28 Jul · 21:05 IST

Quess Corp Limited has informed the Exchange regarding Allotment of 135491 Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Quess Corp has allotted 1,35,491 equity shares (face value Rs. 10 each) to employees who exercised their RSUs under the Quess Stock Ownership Plan-2020 (QSOP 2020). The allotment was approved by the Nomination and Remuneration Committee on July 28, 2025. As a result, the company's paid-up equity share capital has increased from 14,89,49,413 shares (Rs. 1,48,94,94,130) to 14,90,84,904 shares (Rs. 1,49,08,49,040). The new shares will rank equally with existing shares in all respects. This is a routine disclosure under SEBI's share-based employee benefits regulations.

Likely market impact

This is a minor, routine ESOP-related allotment causing negligible dilution of about 0.09% in the total share count. No material impact on shareholders or stock price is expected.