Held on 27 December 2017
The Board of Quess Corp at its meeting held on 27 December 2017 has approved the following -In accordance with the scheme of arrangement between Manipal Integrated Services and Quess Corp, Quess Corp has made allotment of 71,49,263 equity shares of Rs 10 each to the shareholders of Manipal Integrated Services.
As part of the scheme, Quess Corp has acquired the following two subsidiaries of Manipal Integrated Services - - 60% equity in Golden Star Facilities and Services - 100% equity in Master Staffing Solutions
Approved additional acquisition of 10% stake in Golden Star Facilities and Services, by way of transfer from the existing shareholders of GSFS for an amount of Rs 5 crore.
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