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Quess Corp to increase stake in Golden Star Facilities

23 May 2019 Evaluate

Quess Corp has received approval to increase stake in Golden Star Facilities and Services (GSFS), Subsidiary of the Company. Consequently, GSFS will become a wholly owned Subsidiary of the Company, on completion of the acquisition of balance shares in GSFS. The company will investment of up to Rs 35 crore for acquiring additional 30% stake. The Board of Directors of the Company at its meeting held on May 22, 2019 has approved the same.

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.

Peers
Company Name CMP
SIS 403.50
Quess Corp 334.60
TeamLease Services 1124.60
Bluspring Enterprise 172.70
BLS Internatl. Serv. 227.25
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