The Administration Committee of Quess Corp. Limited at the meeting held on January 30, 2017 approved issuance of debt securities: secured, redeemable, rated, listed, non-convertible debentures (NCD). Type of issuance is private placement to all eligible investors. The total number of securities to be issued were 1,500 NCDs. The face value is INR 1,000,000 each. Size if the issue is INR 1,500 million. The tenure is for 5 years. The date of maturity is January 21, 2022. The interest rate is 8.25% p.a.