Market Beat

01-Apr-2025      19:31

Quess Corp fixes record date for demerger

Quess Corp has fixed 15 April 2025 as record date for purpose of ascertaining the shareholders of Quess Corp (Demerged Company) who will be entitled to receive fully paid-up equity shares of Rs 10/- each of the Digitide Solutions (Resulting Company 1) and Bluspring Enterprises (Resulting Company 2).

Accordingly, 1 equity share of the face value of Rs. 10/- each fully paid-up of the Resulting Company 1 shall be issued and allotted for every 1 equity share of face value of Rs 10/- each fully paid-up held by equity shareholders of the Demerged Company, and 1 equity share of the face value of Rs. 10/- each fully paid-up of the Resulting Company 2 shall be issued and allotted for every 1 equity share of face value of Rs 10/- each fully paid-up held by equity shareholders of the Demerged Company.

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