Quess Corp soars with its arm signing agreement to acquire majority stake in Allsec Technologies
by admin- Thursday, April 18th, 2019 03:44:00 PM
Quess Corp is currently buying and selling at Rs. 732.70, up via 12.65 points or 1.76% from its previous remaining of Rs. 720.05 on the BSE.
The scrip opened at Rs. 730.Eighty five and has touched a high and low of Rs. 732.70 and Rs. 727.10 respectively. So a long way 360 stocks had been traded at the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1300.00 on thirteen-Jun-2018 and a fifty two week low of Rs. 581.10 on 10-Dec-2018.
Last one week high and low of the scrip stood at Rs. 739.80 and Rs. 703.Eighty respectively. The cutting-edge marketplace cap of the organization is Rs. 10518.84 crore.
The promoters maintaining in the enterprise stood at seventy one.43%, even as Institutions and Non-Institutions held 20.20% and 8.37% respectively.
Quess Corp’s subsidiary — Conneqt Business Solutions has signed definitive agreements to collect a majority stake in Allsec Technologies. The transaction involves Conneqt shopping 35.35% from the promoters, 26% from First Carlyle Ventures Mauritius thereby acquiring a majority control of 61.35%. In accordance with SEBI Regulations, Conneqt will make an open provide to the general public shareholders of Allsec to buy up to 26% of shareholding.