NSEUpdates18 Jun 2026 · 18 Jun 2026, 01:22 pm
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Quess Corp Limited · QUESS
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Quess Corp Limited has received in-principle approvals from BSE and NSE for listing up to 52,50,000 equity shares under the Quess Stock Ownership Plan 2026.
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Quess Corp Limited has informed the Exchange regarding 'Intimation of receipt of In-principle approvals from BSE and NSE for listing up to a maximum of 52,50,000 equity shares of face value ₹10/- each under the Quess Stock Ownership Plan 2026 '.
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QCL/SEC/2026-27/26
June 18, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra- Kurla Complex,
Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Security Code – 539978 NSE Symbol – QUESS
Dear Sir/ Madam,
Sub: Intimation of receipt of In-principle approvals from BSE Limited and National Stock Exchange of
India Limited for listing up to a maximum of 52,50,000 equity shares of face value ₹10/- each under the
Quess Stock Ownership Plan 2026 (QSOP 2026)
We wish to inform you that BSE Limited (BSE) and National Stock Exchange of India Limited (NSE), vide
their letters nos. DCS/ESOP/IP/RD/121/2026-27 and NSE/LIST/55522 dated June 17, 2026, respectively,
have granted their in-principle approvals for listing up to a maximum of 52,50,000 (Fifty-Two Lakhs Fifty
Thousand) equity shares of face value ₹10/- each under the Quess Stock Ownership Plan 2026 (QSOP
2026).
A copy of the In-principle approval letters received from NSE and BSE are enclosed herewith.
This disclosure is made under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
The above information will also be available on the website of the Company at www.quesscorp.com.
Kindly take the above information on record and oblige.
Yours sincerely,
For Quess Corp Limited
Kundan K Lal
Company Secretary & Compliance Officer
Membership No.: F8393
Encl: as above
Quess Corp Limited
Quess Tower, Sky Walk Avenue, 32/4, Hosur Road, Roopena Agrahara, Bommanahalli, Bengaluru– 560068, Karnataka, India
Tel: +91 080-49345666 I contactus@quesscorp.com I CIN: L74140KA2007PLC043909
www.quesscorp.com
The Power of Vibrance
DCS/ESO P/ IP/ RD/ 121/2026-27 June 17, 2026
The Company Secretary
Quess Corp Limited
Quess Tower, Sky Walk Avenue,
32/4, Hosur Road, Muneswara Nagar,
Bommanahalli, Bengaluru, Karnataka - 560 068.
Dear Sir/Madam,
Re: Application of In-principle approval for 52,50,000 Equity shares of Rs.10/- each to be issued
under "Quess Stock Ownership Plan 2026 (QSOP 2026)"
We acknowledge the receipt of your letter on the captioned matter regarding in-principle approval
for issue and allotment of 52,50,000 Equity shares of Rs.10/- to be allotted by the Company, upon
exercise of stock options in terms of Securities Exchange Board of India (Share Based Employee
Benefits and Sweat Equity) Regulations, 2021, together with copy of statement under Regulation lO{b)
and other enclosures and subsequent submissions by the Company. In this regard, the Exchange is
pleased to grant in-principle approval for issue and allotment of a maximum of 52,50,000 equity
shares, which are likely to arise out of exercise of options as and when exercised under the Scheme
subject to the Company fulfilling the following conditions:
1. As per the Scheme, the allotment of shares pursuant to "Quess Stock Ownership Plan 2026
(QSOP 2026)" can be done through primary market route or by way of secondary acquisition
of shares. Further, in case of acquisition of equity shares by way of secondary acquisition,
the approved quantity shall stand reduced to the extent of allotment through secondary
acquisition.The company shall notify the Exchange as per the format prescribed under Reg 1 0(c)
of Securities Exchange Board of India (Share Based Employee Benefits and Sweat Equity)
Regulations, 2021 together with listing application after the shares were allotted and the same are
credited to the beneficiaries account or share certificates have been dispatched, as may be
applicable.
2. Payment of fees as may be prescribed from time to time.
3. Receipt of statutory and other approvals and compliance of guidelines issued by the statutory
authorities including SEBI, RBI, and MCA etc.
4. Compliance to all guidelines/regulation/directions of the Exchange or any statutory authorities,
documentary requirements from time to time.
5. Compliance of all conditions of Listing Agreement as on date of Listing.
6. Compliance to the Companies Act, 1956 / 2013 and other applicable laws.
7. Submissions of documents as given in the Checklist available on the BSE website under link
http://www.bseindia.com/static/about/downloads.aspx?expandable=2
The Exchange reserves its right to withdraw its in-principle approval at any later stage if the information
submitted to the Exchange is found to be incomplete/incorrect/misleading/false or for any contravention
of Rules, Bye-laws and Regulations of the Exchange, Listing Agreement, Guidelines/Regulations
issued by statutory authorities etc. Kindly note that the Exchange will issue trading permission from time
to time upon receipt of notification under Reg. 10 (c) and subject to the compliance of the conditions as
stated above.
Marian Dsouza
Assistant Vice President
Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street. Mumbai 400001, India. T: +91 22 2272 1234/33 I E: corp.comm@bseindia.com
www.bseindia.com I Corporate Identity Number : L67120MH2005PLC155188
Ref: NSE/LIST/55522 June 17, 2026
The Company Secretary
Quess Corp Limited
Dear Sir/Madam,
Sub: In - Principle approval for listing upto a maximum of 5250000 equity shares of Rs. 10/- each of
Quess Corp Limited to be issued under Quess Stock Ownership Plan 2026
We are in receipt of your letter along with Statement under Regulation 10(b) as required under SEBI
(Share Based Employee Benefits) Regulations, 2014 and subsequent correspondences thereto, seeking in -
principle approval for listing of a maximum of 5250000 equity shares of Rs. 10/- each to be allotted to the
employees of the Company under the Quess Stock Ownership Plan 2026 of the Company.
In this regard, the Exchange is pleased to grant in-principle approval for the above equity shares to be
allotted on exercise of options as and when exercised subject to fulfilling the following listing conditions:
1. Notification to the Exchange as per Regulation 10 (c) together with listing application only after
allotment of securities and credit to the beneficiaries account or dispatch of share certificates, as
may be applicable.
2. Receipt of statutory and other approvals and compliance of guidelines issued by the statutory
authorities including SEBI, RBI, MCA, etc.
3. Compliance with all the guidelines, regulations, directions of the Exchange or any statutory
authorities, documentary requirements from time to time.
4. Compliance of all conditions of SEBI (LODR) Regulations, 2015 as on date of listing.
5. Compliance to the Companies Act, 1956, Companies Act, 2013 and other applicable laws.
6. Submissions of documents as given in the enclosed list (as per annexure).
The Exchange reserves its right to withdraw its in-principle approval at any later stage if the
information submitted to the Exchange is found to be incomplete/incorrect/ misleading/false or in
contravention of any Rules, Bye-laws and Regulations of the Exchange, Listing Regulations,
Guidelines/ Regulations issued by statutory authorities, etc.
Kindly note that the Exchange will issue approval for listing and trading of equity shares subject to the
compliances as stated above.
Kindly note, this Exchange letter should not be construed as approval under any other
Act/Regulation/rule/bye laws (except as referred above) for which the Company may be required to
obtain approval from other department(s) of the Exchange. The Company is requested to separately
take up matter with the concerned departments for approval, if any.
Yours faithfully,
For National Stock Exchange of India Limited
Ankita Gupta
Manager
P.S. Checklist of all the further issues is available on website of the exchange at the following URL:
https://www.nseindia.com/companies-listing/raising-capital-further-issues-main-sme-checklist
Annexure:
1. Certified true copy of statement under Regulation 10(c) as per the format prescribed in SEBI
regulations/circulars
2. NSDL/CDSL credit and/or dispatch of physical certificate confirmation by the R & T agent.
3. Certified
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