Quess Corp shares tumble on report of likely CEO exit

Quess Corp and Isaac did not immediately respond to Reuters requests for comment.

1 min read . Updated: 10 Feb 2022, 09:58 AM IST Reuters

Suraj Moraje exit was likely due to differences in strategy between him and promoter Ajit Isaac, according to a report , citing a person familiar with the development.

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BENGALURU : Shares of Indian staffing service provider Quess Corp tumbled 13.7% to an eight-month low after a report said Chief Executive and board member Suraj Moraje will likely step down due to differences with a promoter.

His exit was likely due to differences in strategy between him and promoter Ajit Isaac, business news website Moneycontrol reported late on Wednesday, citing a person familiar with the development.

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Quess Corp and Isaac did not immediately respond to Reuters requests for comment.

This story has been published from a wire agency feed without modifications to the text.

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