
Joint Venture21 Nov 2025, 06:29 pm
Quest Flow Controls Ltd. to Disinvest Entire 48.95% Stake in Nibe Meson Naval Limited
AI Summary
Quest Flow Controls Ltd. has announced the disinvestment of its entire 48.95% stake in the Associates/Joint Venture, Nibe Meson Naval Limited. The decision was made at a Board of Directors meeting held on November 21, 2025. The sale is expected to be completed by December 31, 2025, with a consideration of INR 4,89,500. The buyers, Nibe Limited, are not related parties and the transaction is on an arm's length basis. The factory is located at Gat No — 324, Chakan MIDC Phase — II, Village Bhamboli, Tal, Dist, Khed, Maharashtra. 410501, and the registered office is at Plot No.: L-45, First Floor, Software Technology Park, Verna Industrial Estate, Verna, South Goa, India — 403722.
Key Highlights
- Quest Flow Controls Ltd. to disinvest entire 48.95% stake in Nibe Meson Naval Limited
- Disinvestment approved at Board of Directors meeting held on November 21, 2025
- Sale expected to be completed by December 31, 2025
- Consideration for sale is INR 4,89,500
- Buyers, Nibe Limited, are not related parties