Meson Valves India Ltd

Quest Flow Controls Ltd announced the appointment of M/s APRA & Associates LLP as its new Statutory Auditor for the Financial Year 2026-27. This appointment fills a casual vacancy created by the resignation of the previous auditor. The decision was approved by the Board of Directors in a meeting held on July 2, 2026, and is subject to shareholder approval at the upcoming general meeting. The Board meeting commenced at 4:30 PM and concluded at 5:00 PM.

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.

Quest Flow Controls Ltd has announced the resignation of its statutory auditors, M/s. Bilimoria Mehta & Co., Chartered Accountants. The auditors cited internal restructuring and the exit of partners handling the audit engagement as the reason for their inability to continue. The resignation is effective June 29, 2026. The company confirmed that there are no concerns raised by the auditors regarding the management and no material reason for the resignation beyond what was stated. The Audit Committee and Board will consider appointing new statutory auditors to fill the casual vacancy.

Quest Flow Controls Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the standalone and consolidated audited financial results for the year ended March 31, 2026. The trading window for dealing in the company's equity shares has been closed since April 1, 2026, and will remain closed until 48 hours after the financial results are communicated to the stock exchange.

Quest Flow Controls Ltd has shifted its registered office from Goa to Maharashtra, effective May 13, 2026. This change follows approval from the Regional Director, Western Region, Ministry of Corporate Affairs, and is registered by the Registrar of Companies, Pune. The new address is Gate No 324, Chakan MIDC Phase II, Village Bhamboli Tal, Dist. Khed, Chakan, Khed, Pune – 410501, Maharashtra, India. This disclosure complies with Regulation 30 of the SEBI Listing Regulations.

Quest Flow Controls Limited, a manufacturer of valves and flow control solutions, has approved the divestiture of its entire stake in H2O Dynamics India Limited to Stellarin Research and Development Private Limited for a consideration of ₹ 7,35,00,000. The transaction is expected to be completed within two months. H2O Dynamics contributed net revenues of ₹ 811.31 Lakhs and carried a net worth of ₹134.96 Lakhs in FY 2024-25. The Board's decision represents a strategic move to refocus the Company's portfolio on its core strength in valves and valve control systems, while also targeting export markets in response to the growing global demand for oil and gas infrastructure.

Quest Flow Controls Ltd has announced the disinvestment of its entire stake in the subsidiary H2O Dynamics India Ltd. The decision was approved at the Board of Directors meeting held on 30th March 2026. The transaction is expected to be completed within two months, with a consideration of INR 7.35 Crore. The buyer is Stellarin Research and Development Private Limited, a company registered under the Companies Act, 2013. The sale is on an arm's length basis and H2O Dynamics India Ltd is a related party of Quest Flow Controls Ltd. The net revenue for FY 24-25 was 811.31 Lakhs and the net worth was 134.96 Lakhs.

Quest Flow Controls Ltd has announced the closure of its trading window for dealing in Equity Shares. The closure will take effect from Wednesday, April 01, 2026, and will remain in place until 48 hours after the communication of financial results for the year ended on March 31, 2026, to the Stock Exchange. The date of the Board meeting for the consideration of these financial results will be intimated to the Stock Exchange in due course.

Quest Flow Controls Ltd has approved the disinvestment of its entire 70.33% stake in its subsidiary, TAMR Alloys Private Limited (Previously known as Milindpra Castings Private Limited). The decision was made at a Board of Directors meeting held on March 04, 2026. The transaction is expected to be completed by March 06, 2026, with the consideration received being Rs. 70,330 (Indian Rupees Seventy Thousand Three Hundred and Thirty only). The buyer, Mr. Milind Mohan Prabhu, is not part of the Promoter and Promoter group. The transaction is on an arm's length basis and does not fall under related party transactions.

Quest Flow Controls Ltd (Formerly Known as Meson Valves India Limited) has announced receipt of a purchase order from the Prestigious client GOVT. OF INDIA UNDERTAKING - MINISTRY OF DEFENCE for supply of Naval & Critical valves including Triple offset butterfly valves. The Order value is ¥ 9,001,594.87/- including GST.