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

Outcome of board meeting of Quess Corp

Image
Capital Market
Last Updated : Nov 29 2016 | 9:47 AM IST

Held on 28 November 2016

Quess Corp announced that the Board of Directors of the Company at its meeting held on 28 November 2016 transacted the following -

Appointment of Sudershan Pallap as Company Secretary and Compliance Officer in place of N V S Pavan Kumar, with effect from 28 November 2016.

Approved subscription to Compulsorily Convertible Preference Shares of Manipal Integrated Services for Rs 200 crore.

Acquisition of facility management business and catering business of Manipal Integrated Services.

Acquisition of 74% equity in Inticore VJP Advance Systems subject to necessary approvals.

Approved issue of NCDs and other debt instruments of the Company aggregating up to Rs 150 crore, subject to necessary approvals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 29 2016 | 9:13 AM IST

Next Story