Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015.
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Quest Flow Controls Ltd held a board meeting on November 6, 2025, where directors reviewed the business in light of US sanctions and assessed readiness to execute orders. The board approved acquiring a 45% stake in Quest Flow Controls, LLC, a US (Texas) based company dealing in valves, actuators and flow control systems for oil & gas, navy, marine, water and mining industries. The deal is a cash transaction valued at $600,000 and is not a related party transaction. The company also indicated it is negotiating to acquire an additional stake in the LLC over the next 6 months. No specific revenue or turnover figures for the target entity were disclosed.
The acquisition gives Quest Flow Controls Ltd a foothold in the US market and Latin America, aligning with its existing product line. Shareholders should note the US sanctions review, the modest deal size ($600K), and the possibility of further stake purchases in the coming months, which could be a positive growth signal but also adds geopolitical risk exposure.