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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

223.25 -3.55 (-1.57%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Quess Corp 223.25
SIS 391.00
TeamLease Services 1350.70
Bluspring Enterprise 68.93
Updater Services 176.65
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