Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
This is to inform you that the Board of Directors at its meeting held on June 22, 2022 had approved the Scheme of Amalgamation of Allsec Technologies Limited with Quess Corp Limited ("Scheme"), subject to the Hon'ble NCLT and other necessary approvals under the applicable laws.
In view of the changed market scenario, the Board considered the proposal of withdrawal under clause 21.2 of the Scheme at its meeting held today, December 23, 2022 and approved withdrawal of the Scheme.
Regd. Office : 46-C, Velachery Main Road, Velachery, Chennai - 600 042.
Tel.: +91.44.4299 7070 web: www.allsectech.com
Corporate Identity Number : L72300TN1998PLC041033, Email : contactus@allsectech.com
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Allsec Technologies Limited published this content on 23 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2022 13:24:11 UTC.
Allsec Technologies Limited is an India-based company, which is engaged in providing outsourcing solutions. Its solutions include Customer Experience Management, Employee Experience Management and Allsec XQ. The Customer Experience Management services include Customer Support, Collections, Title and Mortgage Services, F&A Outsourcing, Compliance Management. The Employee Experience Management services include SmartHR, SmartPay and SmartStat. Its SmartHR creates a workplace with an end-to-end HRsolution. Its SmartPay is engaged in managing and delivering accurate payroll. Its SmartStat is engaged in tackle complex labour law and payroll compliance, backed by technology. The Company serves industries, including retail and eCommerce, banking, financial services, and insurance.