Notice of Annual General Meeting of the Company on September 27, 2025.
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Quest Flow Controls Ltd (formerly Meson Valves India Limited), listed on the BSE SME platform (Scrip Code: 543982), has filed the notice for its 9th Annual General Meeting scheduled for Saturday, September 27, 2025, at 11:00 AM in Verna, Goa, along with the Annual Report for FY 2024-25. On a consolidated basis, the company reported revenue from operations of ₹6,721.24 lakhs, EBITDA of ₹1,319.95 lakhs, profit after tax of ₹679.51 lakhs, and basic EPS of ₹6.69. The AGM agenda includes adoption of financial statements, re-appointment of Lalit Varshney as a non-executive director, appointment of M/s Nikunj Kanabar & Associates as secretarial auditor for five years (FY 2025-26 to FY 2029-30), and a special resolution to allow director remuneration up to 30% of net profits. Shareholders will also vote on material related-party transactions of up to ₹25 crore each with subsidiaries H2O Dynamics India Limited and TAMR Alloys Private Limited for FY 2025-26. Remote e-voting via NSDL runs from September 24 to September 26, 2025, with the cut-off date set as September 19, 2025.
The AGM items are largely routine governance matters, but the ₹50 crore combined related-party transaction limit with two subsidiaries signals increased inter-company dealings that shareholders should review. The proposal to raise the managerial remuneration ceiling (from 11% to 30% of net profits) is a governance point worth noting, though it requires a special resolution.