QUESSNSEQuess Corp LimitedLowNeutral
Announced Sat, 30 Aug · 14:07 IST

Quess Corp Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 29, 2025. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Quess Corp Limited has filed the voting results and Scrutinizer's Report for its 18th AGM held on August 29, 2025 via video conferencing. Shareholders approved all 10 resolutions, including the adoption of standalone and consolidated audited financial statements for FY25, re-appointment of a director, and appointment/re-appointment of four independent directors. The total voting turnout was strong at around 75% of outstanding shares (about 112.36 million shares polled). Shareholders also confirmed the interim dividend of Rs. 4 per share and approved a final dividend of Rs. 6 per share for FY25, taking the total dividend for the year to Rs. 10 per share. The resolution to re-appoint Independent Director Kalpathi Ratna Girish saw the highest dissent at 7%, while the financial statements adoption saw 8.77% dissent; all other resolutions passed with over 99% approval.

Likely market impact

All key resolutions were passed with comfortable margins, reflecting broad shareholder support for management's proposals. The total FY25 dividend of Rs. 10 per share is a direct cash benefit for shareholders, while the high approval for director appointments suggests confidence in the board composition. No material negative signals — the dissent levels on a couple of resolutions are minor and unlikely to move the stock.