MoneyWorks4Me

Quess Corp’s arm acquires 35.35% stake in Allsec Technologies

03 Jun 2019 Evaluate

Quess Corp’s subsidiary -- Conneqt Business Solutions has acquired 53,87,155 equity shares of Allsec Technologies, representing 35.35% of the total share capital of Allsec by way of a block trade on the National Stock Exchange of India. Accordingly, as on June 3, 2019, the Acquirer holds 93,49,095 equity shares of Allsec, representing 61.35% the total share capital of Allsec.

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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