Quest Flow Controls Ltd

Dematerialisation processing and confirmations

• Securities received from depository participants for dematerialisation were confirmed to the depositories as accepted/rejected.
• The dematerialised securities have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were cancelled after verification and depositories substituted in the register within 15 days.

Award recognition

• Quest Flow Controls wins SIDM Champion Award 2026 – Special Jury Award for Import Substitution.
• Award recognises indigenously designed and manufactured Series T Triple Offset Butterfly Valve for Indian Navy warships and submarines.
• Event held at SIDM Annual Session in New Delhi on 9 October 2026.
• Product range includes DN 80 - DN 1200, Class 150 - 600 valves.
• Brijesh Manerikar, MD, notes commitment to Make in India and indigenous defence capability.

Quest Flow Controls Limited (Formerly Known as Meson Valves India Limited): Closure of Trading Window from October 01, 2026 till 48 hours after communication of financial results for half year ended September 30, 2026 to the Stock Exchange

AGM Details

• AGM held on 25 September 2026 at 2:00 PM; physical with remote e-voting.
• Record date 18-09-2026; 3,250 shareholders on record.
• Seven resolutions were put to vote.

Key Resolutions

• Resolution 1 - Adoption of audited standalone and consolidated financial statements (Ordinary).
• Resolution 2 - Appointment of Lalit Varshney as Non-Executive Director (Ordinary).
• Resolution 3 - Appointment of statutory auditor to fill vacancy (Ordinary).
• Resolution 4 - Appointment of APRA & Associates LLP as statutory auditors to fill casual vacancy (Ordinary).
• Resolution 5 - Re-appointment of Brijesh Madhav Manerikar as Managing Director (Special).
• Resolution 6 - Re-appointment of Swaroop Raghuvir Natekar as Whole-Time Director (Special).
• Resolution 7 - Approval of remuneration to directors exceeding the overall managerial remuneration limit (Special).

Voting Results

• Resolution 1 passed; 99.98% in favour, 0.02% against.
• Resolution 2 passed; 99.98% in favour, 0.02% against.
• Resolution 3 passed; 99.98% in favour, 0.02% against.
• Resolution 4 passed; 99.98% in favour, 0.02% against.
• Resolution 5 passed; 99.94% in favour, 0.06% against.
• Resolution 6 passed; 99.94% in favour, 0.06% against.
• Resolution 7 passed; 99.80% in favour, 0.20% against.

Director Changes

• Lalit Varshney appointed as Non-Executive Director (to retire by rotation).
• Brijesh Madhav Manerikar re-appointed as Managing Director (Special).
• Swaroop Raghuvir Natekar re-appointed as Whole-Time Director (Special).

Auditor Appointments

• Statutory Auditor appointment to fill vacancy approved.
• APRA & Associates LLP appointed as Statutory Auditor to fill casual vacancy.

Related Party Transactions

• No material related party transactions disclosed in AGM documents.

AGM details

• Date and time: 25 September 2026, 2:00 PM IST.
• Mode: Physical meeting at registered office.
• Remote e-Voting window: 22 Sep 2026 09:00 IST to 24 Sep 2026 17:00 IST.
• Voting cut-off date for members: 18 September 2026.
• Meeting concluded: 2:30 PM; quorum confirmed.

Ordinary business resolutions

• Adoption of audited standalone and consolidated financial statements.
• Appointment of Lalit Varshney as Non-Executive Director, liable to retire by rotation.
• Appointment of statutory auditor.

Special business resolutions

• Appointment of APRA & Associates LLP as statutory auditors to fill casual vacancy due to resignation.
• Re-appointment of Brijesh Madhav Manerikar as Managing Director.
• Re-appointment of Swaroop Raghuvir Natekar as Whole Time Director.
• Approval of remuneration to directors exceeding the overall managerial remuneration limit under Section 197.

Voting status

• Voting results awaiting disclosure; final outcomes to be announced to the Stock Exchange and on the company website.

Director changes

• Lalit Varshney appointed Non-Executive Director, liable to retire by rotation.
• Brijesh Madhav Manerikar re-appointed as Managing Director.
• Swaroop Raghuvir Natekar re-appointed as Whole Time Director.

Auditor appointments

• Statutory auditor appointment approved (ordinary course).
• APRA & Associates LLP appointed to fill casual vacancy due to resignation.

Price movement and compliance

• Price movements are market-driven and will be disclosed as material information per Regulation 30 LODR.

Key Decisions

• Appointed M/s APRA & Associates LLP as Statutory Auditor for FY2026-27 to 2030-31, subject to shareholder approval.
• Re-appointed Brijesh Madhav Manerikar as Managing Director, effective Sept 25, 2026, for 3 years, subject to member approval.
• Re-appointed Swaroop Raghuvir Natekar as Whole-Time Director, effective Sept 25, 2026, for 3 years, subject to member approval.
• Remuneration of directors exceeding limits to be approved by members at AGM.
• Notice of 10th AGM issued.
• Appointed M/s Nikunj Kanabar & Associates as Scrutinizer for AGM.
• Fixed cut-off date to determine AGM voting eligibility.

Dematerialisation processing status

• Dematerialisation requests, if any, confirmed to depositories and listed on exchanges.
• Security certificates received for dematerialisation cancelled after verification; depositories substituted as registered owner within 15 days.