Quess Corp Ltd Announces Changes in Directors, Introduction of QSOP 2026, and Amendment to QSOP 2020 Regulations

Quess Corp Ltd announced changes in directors, introducing Quess Stock Ownership Plan 2026 (QSOP 2026) and amending Quess Stock Ownership Plan 2020 (QSOP 2020) regulations. The Board approved the re-designation and appointment of Mr. Lohit Bhatia as a Whole-time Director and Group Chief Executive Officer, while Mr. Guruprasad Srinivasan will resign from his position as Executive Director. The company will engage his services for strategic consultancy and advisory support. Additionally, the Board approved the introduction and adoption of QSOP 2026, aligning employee interests with shareholder value creation and incentivizing key talent. The QSOP 2020 will be amended, reducing the total number of RSUs to 18,27,032 and re-deploying the balance 18,22,968 RSUs to QSOP 2026.