The Board of Directors of Quess Corp Ltd, has fixed 6th December, 2019 as the Record Date, for the purpose of determining the shareholders of Thomas Cook India Ltd (TCIL) who shall be entitled to receive the equity shares of the Company as per the share entitlement ratio mentioned under Clause 32.1 of the Composite Scheme.
In accordance with the Scheme, the Company will issue and allot to all the equity shareholders of TCIL whose names appear in the register of the member(s}, as on the Record Date, 1889 fully paid-up equity shares of Rs. 10 each of the Company for every 10,000 fully paid-up equity shares of Rs. 1 each, held by such members of TCIL.
The equity shares proposed to be issued by Quess Corp Limited in accordance with the Scheme will be submitted for listing with the Stock Exchanges and they shall rank pari-passu in all respects with the existing equity shares of the Company.
Shares of Quess Corp Ltd was last trading in BSE at Rs.531.15 as compared to the previous close of Rs. 529.15. The total number of shares traded during the day was 8640 in over 692 trades.
The stock hit an intraday high of Rs. 537.75 and intraday low of 527.2. The net turnover during the day was Rs. 4599282.