Quess Corp has received an approval to increase equity stake in Stellarslog Technovation (Taskmo), a subsidiary company from 53.91% to 100% and execution of a Share Purchase Agreement in connection thereto. Post-acquisition from the Founders’ of Taskmo, the Company’s shareholding would increase from 53.91% to 100%. Consequently, Taskmo would be a wholly-owned subsidiary of the Company. The Board of Directors at their meeting held on November 06, 2023, considered and approved the same.
Quess Corp is India’s leading business services provider and largest private-sector employer.