bullish

Quess Corp - Can the Spinoff of India’s Largest Staffing Company Unlock Value?

699 Views03 Dec 2024 08:51
​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
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Sreemant Dudhoria
India Equity Analyst - Fundamental & Thematic
Sree Capital
IndiaEquities
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