Quess Corp has received approval for acquisition of remaining 49% stake in Trimax Smart Infraprojects (TSIPL), a subsidiary Company. Post completion of acquisition, TSIPL will become wholly owned subsidiary of the Company. The Board of Directors of the Company at its meeting held on September 27, 2019 has approved the same.
The Company had entered into a Joint Venture with Trimax IT Infrastructure and Services (Trimax IT), thereby acquiring 51% in the equity share capital of Trimax Smart Infraprojects, for implementing smart city projects in Ahmedabad.
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.
