StockWatch
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Other Industrial Products
Shareholding2 Jul 2026, 03:25 pm

India Futuristic Marine Sells 4.50% Stake in Quest Flow Controls

AI Summary

India Futuristic Marine Private Limited and its Persons Acting in Concert (PACs) have disclosed the sale of 4,61,593 equity shares, representing 4.50% of the total share capital, in Quest Flow Controls Ltd. The transaction was conducted via an off-market deal on June 30, 2026. Following the sale, India Futuristic Marine's direct holding in Quest Flow Controls has reduced to 28.74% (28,74,199 shares), while their total diluted shareholding stands at 30,74,349 shares (27.54%). The total equity share capital of Quest Flow Controls remains at 1,02,57,623 shares before and after the transaction, with a diluted capital of 1,11,60,403 shares post-sale.

Key Highlights

  • India Futuristic Marine sold 4.50% stake in Quest Flow Controls.
  • Transaction was an off-market sale on June 30, 2026.
  • Seller's direct holding reduced to 28.74%.
  • Total diluted shareholding post-sale is 30,74,349 shares.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.