Announced Mon, 29 Sept · 23:20 IST

Declaration of Voting Result along with Scrutinizer Report of Annual General Meeting of the Company.

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Quest Flow Controls Ltd held its AGM on September 27, 2025, at its registered office in Verna, Goa, and submitted the voting results on September 29, 2025. The company has 3,349 shareholders on record and 1,01,60,062 total outstanding shares, but shareholder participation was very low with only 2,71,850 votes polled (about 2.71%). All six resolutions were passed with overwhelming majority, including adoption of audited financial statements (100% in favor), appointment of Lalit Varshney as Non-Executive Director (99.85%), appointment of Nikunj Kanabar & Associates as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30 (99.93%), and approval of managerial remuneration exceeding statutory limits under Section 197 (99.80%, special resolution). Two related-party transaction approvals, with H2O Dynamics India Limited and Tamr Alloys Private Limited, also passed with 99.85% and 99.80% support respectively. Promoters and interested directors were barred from voting on the remuneration and related-party resolutions, resulting in 71,800 shares being declared invalid for those items.

Likely market impact

Routine procedural filing confirming all AGM resolutions passed comfortably. The very low voting turnout (under 3%) is typical for an SME-listed company and not a concern. Shareholders should note the approval of higher director remuneration and continued material related-party transactions with group entities, which warrant ongoing monitoring.