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Quess Corp informs about administration committee meeting

18 Jan 2017 Evaluate

Quess Corp has informed that subsequent to the approval accorded by the Board of Directors of the Company (the ‘Board’) at its meeting held on November 28, 2016 and subsequent approval of the Members of the Company by way of a special resolution passed through postal ballot on January 17, 2017 for issue of NCDs up to Rs 150 Crores, a meeting of the Administration Committee, comprising of a Committee of Directors constituted by the Board to approve the terms of issuance of the NCDs, is proposed to be convened on January 20, 2017, to discuss and finalize the issue of NCDs up to Rs 150 Crores in accordance with the applicable provisions of the SEBI Regulations and Sections 42, 71 and other applicable provisions of the Companies Act, 2013 read with the rules made thereunder, as amended and to finalize, approve and adopt the offer document i.e. Information Memorandum, in relation to fix the dates for opening of the Offer to issue NCDs, to fix issue price of the NCDs, to appoint the debenture trustee for the issuance, and to approve the other terms of the issuance.

The above information is a part of company’s filings submitted to BSE.

Quess Corp Share Price

193.20 -4.30 (-2.18%)
23-Apr-2026 16:59 View Price Chart
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