StockWatch
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Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
ESOP18 Jun 2026, 01:52 pm

Quess Corp Grants 40.34 Lakh RSUs Under QSOP 2026

AI Summary

Quess Corp Ltd announced the grant of 40,34,061 Restricted Stock Units (RSUs) under its Quess Stock Ownership Plan 2026 (QSOP 2026) to eligible employees. The grant includes an additional 5,00,000 RSUs tied to Total Shareholder Return growth, with 4,00,000 RSUs allocated to the CEO and 1,00,000 to the CFO. The exercise price is set at the face value of Rs. 10 per share on the date of exercise. The plan complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The shares will be sourced via primary issuance or secondary acquisition through an employee welfare trust.

Key Highlights

  • 40.34 lakh RSUs granted under QSOP 2026 to employees.
  • Includes 5 lakh performance-linked RSUs for CEO and CFO.
  • Exercise price set at face value of Rs. 10.
  • Grant complies with SEBI (SBEB) Regulations, 2021.
  • Shares to be sourced via trust from primary/secondary markets.