Don’t miss the latest developments in business and finance.

Board of Quess Corp approves purchase of additional 3.76% stake in Vedang (subsidiary)

Image
Capital Market
Last Updated : Jan 28 2021 | 9:50 AM IST

At meeting held on 27 January 2021

The Board of Quess Corp at its meeting held on 27 January 2021 has approved purchase of 3.76% shares of Vedang Cellular Services (Vedang), a Subsidiary of the Company from its erstwhile Promoter as per the Promoter's Put Option in the Shareholder's Agreement dated 25 October 2017 for a consideration upto Rs. 70 lakh. Consequently, the Company will hold 92.47% shares in Vedang upon completion of the transfer of shares.

Powered by Capital Market - Live News

Also Read

First Published: Jan 28 2021 | 9:29 AM IST

Next Story