QUESSNSEQuess Corp LimitedMediumNeutral
Announced Thu, 26 Jun · 19:34 IST

Quess Corp Limited has informed the Exchange that Record date for the purpose of Dividend is 08-Aug-2025.

Multiple Ind Directors ResignedManagement Changes View source PDF

QUESS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Quess Corp's board, at its June 19, 2025 meeting, approved several governance changes. Three new Independent Directors — Sudha Suresh, S Devarajan, and Vivek Mansingh — were appointed for 5-year terms (till June 2030), subject to shareholder approval. K R Girish was re-appointed as Independent Director for a second 5-year term starting August 31, 2025. Two existing Independent Directors are leaving: Revathy Ashok will be relieved on June 30, 2025 after completing her 10-year tenure, and Gaurav Mathur will cease to be a director on August 30, 2025, choosing not to seek renewal due to other commitments. Parameshwar G Bhat was appointed as Secretarial Auditor for 5 years (FY2025-26 onwards). The 18th AGM is scheduled for August 29, 2025, and August 8, 2025 is fixed as the record date for the final dividend for FY ended March 31, 2025.

Likely market impact

Shareholders should note August 8, 2025 as the record date to be eligible for the FY25 final dividend, pending AGM approval. The board is undergoing a notable refresh with two experienced independent directors exiting and four new/re-appointed independent directors joining, which is a routine governance transition and unlikely to materially impact stock price.