BENGALURU (Reuters) – 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.
Quess Corp and Isaac did not immediately respond to Reuters requests for comment.
(Reporting by Chandini Monnappa in Bengaluru; Editing by Arun Koyyur)
