Postal ballot seeks approval for CEO pay rise and new director

Board & Shareholder Meetings View source PDF Explain this filing

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₹191.45

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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Other Industrial Products peers, median of 24sector+1.7%+1.6% vs sector

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AI summary

Quest Flow Controls will seek shareholder approval by remote e-voting on two resolutions: raise Executive Director and CEO Kishor Makvan's annual pay from Rs 90 lakh to Rs 1.2 crore, effective August 1, 2026, and regularize Jitendra Bhosale as a non-executive director. Voting runs from October 27, 9:00 am, to November 25, 5:00 pm, with results due by November 27.

Likely market impact

Shareholders will vote on a 33% CEO pay rise and a board appointment. Approval raises management costs, while Bhosale may add industry and governance expertise.