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Quess Corp Ltd (QUEC.NS)

QUEC.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

India's Quess Corp Approves Sale Of 74 Pct Stake In Inticore VJP Advance Systems
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Quess Corp Ltd ::APPROVED SALE OF 74 PERCENT STAKE IN INTICORE VJP ADVANCE SYSTEMS.SAYS EXPECTED DEAL CONSIDERATION TO BE 250 MILLION RUPEES.  Full Article

Fairfax Financial Says Thomas Cook (India) Changed Accounting For Ownership Interest In Quess Corp
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX FINANCIAL HOLDINGS LTD - CO'S UNIT THOMAS COOK (INDIA) LIMITED CHANGED ACCOUNTING FOR OWNERSHIP INTEREST IN QUESS CORP. LIMITED.FAIRFAX FINANCIAL HOLDINGS - TCIL CHANGED ACCOUNTING FOR ITS OWNERSHIP INTEREST IN QUESS CORP. FROM A UNIT TO ASSOCIATE FOR YEAR ENDED MARCH 31, 2018.FAIRFAX FINANCIAL HOLDINGS - ACCOUNTING CHANGE WILL RESULT IN A NON-CASH ACCOUNTING GAIN AT TCIL OF ABOUT RS. 58 BILLION FOR YEAR ENDED MARCH 31, 2018.FAIRFAX FINANCIAL HOLDINGS LTD - TCIL WILL DE-CONSOLIDATE QUESS.FAIRFAX FINANCIAL HOLDINGS - TCIL'S REMAINING OWNERSHIP INTEREST IN QUESS TO BE RECORDED AT FAIR VALUE & PRESENTED AS INVESTMENT IN AN ASSOCIATE CO.FAIRFAX FINANCIAL HOLDINGS LTD - CO MUST CHANGE MANNER IN WHICH IT ACCOUNTS FOR ITS OWNERSHIP INTEREST IN QUESS THROUGH TCIL.FAIRFAX FINANCIAL HOLDINGS LTD - CHANGE IN ACCOUNTING FOR OWNERSHIP INTEREST WILL RESULT IN GAIN OF ABOUT US$600 MILLION IN CO'S Q1 ENDED MARCH 31, 2018.  Full Article

Quess Corp Approves Scheme Of Arrangement With Manipal Integrated Sevices
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Quess Corp Ltd ::APPROVED SCHEME OF ARRANGEMENT WITH MANIPAL INTEGRATED SEVICES FOR DEMERGER OF IDENTIFIED BUSINESS OF MANIPAL INTEGRATED SERVICES INTO CO.APPROVED ADDITIONAL ACQUISITION OF 10 PERCENT IN GOLDEN STAR FACILITIES AND SERVICES FOR AMOUNT UP TO 50 MILLION RUPEES.  Full Article

Quess Corp Acquires 45 Pct In Simpliance Technologies​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Quess Corp Ltd ::SAYS ‍COMPLETED ACQUISITION OF 45% EQUITY IN SIMPLIANCE TECHNOLOGIES​.  Full Article

Thomas Cook (India) to raise over 6 bln rupees via Quess Corp stake sale​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Thomas Cook (India) Ltd ::To raise over 6 billion rupees via dilution of 5.42 percent stake in Quess Corp​.  Full Article

Thomas Cook (India) ‍approves offer for sale of 5.42 pct of Quess Corp's​ total share capital
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Thomas Cook (India) Ltd :Approves offer for sale of about 7.5 million shares, representing 5.42 percent of total paid up equity share capital of Quess Corp​.  Full Article

Quess Corp ‍completes acquisition of 70 pct equity in Vedang Cellular Services on Nov 10​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Quess Corp Ltd ::Says ‍completed acquisition of 70 pct equity in Vedang Cellular Services on November 10​.  Full Article

Quess Corp ‍completes acquisition of 46 pct stake in Heptagon Technologies Pvt Ltd
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Quess Corp Ltd :‍completes acquisition of 46 percent equity in Heptagon Technologies Private Limited​.  Full Article

India's Quess Corp Sept-qtr consol profit surges
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Quess Corp Ltd :Sept quarter consol profit 1.41 billion rupees versus 301.2 million rupees last year.Sept quarter consol revenue from operations 12.74 billion rupees versus 10.18 billion rupees last year.Signed agreements to buy majority stake in Vedang Cellular Services ; deal to be immediately EBITDA accretive‍​.  Full Article

BRIEF-Fairfax Financial Says Thomas Cook (India) Changed Accounting For Ownership Interest In Quess Corp

* FAIRFAX FINANCIAL HOLDINGS LTD - CO'S UNIT THOMAS COOK (INDIA) LIMITED CHANGED ACCOUNTING FOR OWNERSHIP INTEREST IN QUESS CORP. LIMITED