At meeting held on 22 November 2017
The Board of Thomas Cook (India) (the "Seller"), one of the Promoters of Quess Corp (Quess), has on 22 November 2017 approved an Offer for Sale (OFS) of an aggregate of 7500000 equity shares of face value of Rs. 10/- each representing 5.42% of the total paid up equity share capital of Quess.The OFS would open on 23November,2017 for Non-Retail investors only and on 24 November,2017 for Retail investors and those Non-Retail investors who choose to carry forward their bids, through a separate window provided by the BSE & the National Stock Exchange of India (the"Stock Exchanges") for this purpose.
In addition, the Board has also taken note of Ajit Isaac,Co-Promoter of Quess offering 1000000 equity shares of face value of Rs. 10/- each representing 0.72% of the total paid up equity share capital of Quess in the OFS. The Floor price approved in this respect is Rs. 800/- per equity share.
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