Quess gets in-principle nod for listing 52.5 lakh ESOP shares

Quess Corp Ltd has secured in-principle approvals from both BSE and NSE for the listing of up to 52,50,000 equity shares, each with a face value of ₹10. These shares are designated under the company's Quess Stock Ownership Plan 2026 (QSOP 2026). The approvals, dated June 17, 2026, enable the company to list these shares as and when stock options are exercised by employees. The listing is subject to various conditions, including subsequent notification to the exchanges after allotment and credit to beneficiaries' accounts, payment of prescribed fees, and strict compliance with all applicable statutory regulations from SEBI, RBI, MCA, and the Companies Act, 2013, as well as the Listing Agreement. The scheme permits allotment via primary market issuance or secondary acquisition of shares.