Fairfax Financial Holdings-controlled Quess Corp announces plans to demerge into three separately listed entities focused on workforce management, BPM solutions and insurtech, facility management and industrial services. The demerger aims to enhance strategic focus and profitable growth. Shareholders will receive additional shares in the new companies, with the process expected to take 12-15 months. Quess Corp currently has a workforce of 440,000 and aims to close the 2023-24 fiscal year with a revenue of $2 billion. Chairman Ajit Isaac is confident the changes will support the formalization of India’s labour pool and unlock growth opportunities.