StockWatch
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Other Industrial Products
Board Meeting10 Oct 2026, 03:50 pm

Quest Flow Controls: Board Meeting Outcome Oct 10, 2026

AI Summary

Quest Flow Controls Limited held a Board Meeting on October 10, 2026. Key outcomes include the resignation of Non-Executive Director Mr. Lalit Varshney and the appointment of Mr. Jitendra Ramdas Bhosale as Additional Non-Executive Director, subject to shareholder approval. The Board also approved an increase in the remuneration of Executive Director Mr. Kishor Dhondu Makvan from ₹90,00,000 to ₹1,20,00,000 per annum, effective August 1, 2026, also subject to shareholder approval. Additionally, a draft postal ballot notice was approved, and a cut-off/record date was fixed for the e-voting process.

Key Highlights

  • Resignation of Non-Executive Director Mr. Lalit Varshney accepted.
  • Mr. Jitendra Ramdas Bhosale appointed as Additional Non-Executive Director.
  • Remuneration of Executive Director Mr. Kishor Dhondu Makvan increased.
  • Board approved draft postal ballot notice and e-voting record date.