Stocks

Company news: Quess Corp

| Updated on September 27, 2019 Published on September 27, 2019

The board of Quess Corp on Friday approved acquisition of remaining 49 per cent stake in Trimax Smart Infraprojects Pvt Ltd, a subsidiary of Quess. The company in December 2017 had entered into a joint venture with Trimax IT Infrastructure and Services, thereby acquiring 51 per cent equity share capital, for implementing smart city projects in Ahmedabad. Quess Corp through a sub-contracting arrangement with Trimax Smart Infraprojects provides hardware, software, maintenance and technical support to Trimax IT Infrastructure & Services Ltd. The stock of Quess Corp closed 1.85 per cent higher at ₹464.15 on the NSE.

Published on September 27, 2019
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