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Quess Corp’s arm to acquire majority stake in Allsec Technologies

18 Apr 2019 Evaluate

Quess Corp’s subsidiary -- Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 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 offer to the public shareholders of Allsec to purchase up to 26% of shareholding.

Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients.

Quess Corp Share Price

293.60 2.85 (0.98%)
06-Jul-2026 12:58 View Price Chart
Peers
Company Name CMP
SIS 425.60
Quess Corp 293.60
TeamLease Services 1400.05
Bluspring Enterprise 118.85
Updater Services 193.15
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