The board of directors of Quess Corp would meet on June 27 to consider and if thought fit, to approve, the raising of funds up to ₹51 crore. The fund-raising would be through issue of equity shares on preferential allotment basis to an investor. However, the decision is subject to approval by the members of the company and regulatory/ statutory approvals. Shares of Quess Corp closed at ₹560, down 5 per cent on the BSE.
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