Quess Corp Ltd to spinoff into 3 companies, expected to be listed in Q1FY26, pending NCLT approval. Potential upside in valuation with improved business performance.
What is covered in the Full Insight:
Introduction
Quess Corp Spinoff Details
Division Analysis: Workforce Management
Division Analysis: Global Technology Solutions
Division Analysis: Operating Asset Management and Product Led Business
Boomeranged on Wed, 18 Dec 2024 12:49
Post our note on the spin off transaction of Quess Corp, the company convened NCLT(National Company Law Tribunal) meeting for shareholders and creditors on 9th December 2024. During the meeting the company's Equity Shareholders and Unsecured Creditors approved the spin off transaction.
Result -Link : https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bbb3d94-3ad6-4a34-b388-3a4343cb166d.pdf
SUMMARY
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