Mumbai, March 7 -- The NCLT's Bangalore Bench approved the composite scheme of arrangement on 4 March 2025, paving the way for the demerger plan initially announced in February 2024.

The demerger will result in three separate entities: Quess Corp (remaining company), Digitide Solutions (resulting company-1) and Bluspring Enterprises (resulting company-2). Quess Corp shareholders will receive one equity share in both Digitide Solutions and Bluspring Enterprises for each share they currently hold in Quess Corp.

Quess Corp will continue to house India's largest workforce management company with a headcount of over 5 lakh and a footprint across 9 countries.

Digitide Solutions will offer a comprehensive suite of solutions including BPM Serv...