Quess Corp sends reminder for unclaimed fractional entitlements

Quess Corp Ltd has issued a reminder letter to eligible shareholders regarding unpaid/unclaimed sale proceeds of fractional entitlements. These entitlements arose from the Composite Scheme of Arrangement between Thomas Cook (India) Limited and Quess Corp Limited, sanctioned by NCLT, where Quess Corp allotted shares to Thomas Cook shareholders in December 2019. Fractional entitlements were consolidated, sold, and proceeds distributed. Unclaimed amounts are held in a separate bank account. As per Section 125(2)(l) of the Companies Act, 2013, and IEPF Rules, proceeds unclaimed for seven years or more must be credited to the Investor Education and Protection Fund (IEPF). Shareholders are requested to claim their amounts by December 20, 2026, by submitting a Letter of Application and required documents to the Company's Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited. After this date, any unclaimed amounts will be transferred to the IEPF, and claims must then be made directly from the IEPF Authority.