At meeting held on 27 January 2021The Board of Quess Corp at its meeting held on 27 January 2021 has approved purchase of 3.76% shares of Vedang Cellular Services (Vedang), a Subsidiary of the Company from its erstwhile Promoter as per the Promoter's Put Option in the Shareholder's Agreement dated 25 October 2017 for a consideration upto Rs. 70 lakh. Consequently, the Company will hold 92.47% shares in Vedang upon completion of the transfer of shares. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.