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Quess Corp Limited Share Issue/Capital Change 2021

Jul 6, 2021

61817_rns_2021-07-06_8241e6de-f439-4ee9-a8c8-11e68950b197.pdf

Share Issue/Capital Change

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July 06, 2021

To, Department of Corporate Services, BSE Limited, 1st Floor, New Trading Ring, Rotunda Building, PJ Towers, Dalal Street, Mumbai – 400 001

Department of Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra- Kurla Complex, Bandra (East), Mumbai – 400 001

Security Code – 539978 NSE Symbol – QUESS

Dear Sir/Madam,

Sub: Allotment of equity shares under ESOP 2015 and QSOP-2020

We wish to inform you that the Nomination and Remuneration Committee of the Company vide circular resolutions dated July 6, 2021, approved the following:

  1. Exercise of options and allotment of shares under the Quess Corp Limited Employee Stock Option Scheme 2015 ("ESOP 2015"):

Allotment of 4,976 equity shares of Rs. 10/- each to the option holders who have exercised it under the ESOP 2015. The said equity shares shall rank pari-passu with the existing equity shares of the Company in all respect

  1. Exercise of Restricted Stock Units ('RSUs')and allotment of shares under the Quess Stock Ownership Plan-2020 ("QSOP 2020"):

Allotment of 70,452 equity shares of Rs. 10/- each to the RSUs holders who have exercised it under the QSOP 2020. The said equity shares shall rank pari-passu with the existing equity shares of the Company in all respect.

Consequent to the aforesaid allotments, the paid up share capital of the Company has increased as under:

From To
14,76,78,864 equity shares of Rs.10/- each 14,77,54,292 equity shares of Rs.10/-each
aggregating to Rs. 1,47,67,88,640 aggregating to Rs. 1,47,75,42,920

The information as required under Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 for issue of shares under the stock option plan is being submitted with the application for listing and trading of the aforesaid equity shares.

The information is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Kindly take the above information on records and oblige.

Yours sincerely,

FOR QUESS CORP LIMITED