December 23, 2022

Listing Department,

Listing Department,

BSE Ltd.,

National Stock Exchange of India Limited,

Phiroze Jeejeebhoy Towers,

"Exchange Plaza",

Dalal Street,

Bandra - Kurla Complex, Bandra (East),

Mumbai-400 001

Mumbai-400 051

Scrip Code: 532633

Symbol: ALLSEC

Dear Sir/ Madam,

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.

Request you to kindly take the above on records.

Thanking you,

For Allsec Technologies Limited

SRIPIRIYA DARSHINI

Digitally signed by

SRIPIRIYADARSHINI Date: 2022.12.23 18:11:13 +05'30'

Sripiriyadarshini

Company Secretary

_____________________________________________________________

ALLSEC TECHNOLOGIES LTD.

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.