Quess Corp Shares Surge 6% as NCLT Approves Demerger; New Entities to List Within Two Months.

Quess Corp shares jumped 6% after the National Company Law Tribunal (NCLT) approved its demerger plan. The restructuring paves the way for the creation of new entities, which are expected to be listed on the stock exchanges within the next two months. The move is set to enhance operational efficiency and unlock shareholder value, boosting market confidence in the company. Investors are now keenly watching the listing timeline and the strategic direction of the newly formed entities.