Quest Flow Controls Limited has secured a substantial purchase order worth ₹2.17 crore from Mazagon Dock Shipbuilders Limited, marking a significant business development for the valve manufacturing company. The order, disclosed under SEBI Regulation 30 on January 12, 2026, involves the supply of hull valves to the prestigious government undertaking.

Order Details and Specifications

The purchase order carries a total value of ₹2,17,32,004.94 including GST and is to be executed within a timeframe of 4 months. The contract involves the supply of hull valves, which are critical components used in shipbuilding operations.

Regulatory Compliance and Disclosure

Quest Flow Controls Limited made the announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Swaroop Raghuvir Natekar, Whole Time Director of the company, ensuring proper corporate governance standards.

Contract Characteristics

The order represents a domestic business transaction with no related party implications. The company confirmed that neither the promoter, promoter group, nor group companies have any interest in Mazagon Dock Shipbuilders Limited. Additionally, the contract does not fall within the purview of related party transactions, ensuring arm's length dealing.

Company Background

Quest Flow Controls Limited, formerly known as meson valves India Limited, operates manufacturing facilities in Maharashtra and maintains its registered office in Goa. The company specializes in valve manufacturing and has established itself as a supplier to prestigious clients in the shipbuilding and industrial sectors.

This order win demonstrates the company's capability to secure contracts from major government undertakings and reinforces its position in the specialized valve manufacturing segment. The 4-month execution timeline indicates the company's readiness to deliver on committed schedules for critical shipbuilding components.

Quest Flow Controls Limited (formerly Meson Valves India Limited) has successfully completed its postal ballot voting process, with shareholders providing overwhelming support for the company's proposed registered office relocation. The BSE SME-listed company announced the voting results on January 10, 2026, demonstrating strong shareholder confidence in the strategic move.

Postal Ballot Results Overview

The special resolution regarding the shifting of the registered office from Goa to Pune, Maharashtra, along with subsequent alteration of the Memorandum of Association, received exceptional shareholder support. The voting process was conducted entirely through remote e-voting, reflecting modern corporate governance practices.

Detailed Voting Breakdown

The voting results demonstrated remarkable shareholder unity, with 99.72% of valid votes cast supporting the resolution. A total of 28 members voted in favor, while only 2 members opposed the proposal.

Category-wise Participation

The voting participation varied across different shareholder categories, with the public non-institutional category showing the highest engagement in the postal ballot process.

Scrutinizer Report and Compliance

CS Nikunj Kanabar & Associates served as the appointed scrutinizer for the postal ballot process, ensuring compliance with Section 110 of the Companies Act, 2013, and related rules. The scrutinizer confirmed that the resolution was passed with the requisite majority and that all procedural requirements were met.

The company utilized NSDL as the service provider for the e-voting facility, with Maashitla Securities Private Limited acting as the Registrar and Share Transfer Agent. The entire process was conducted transparently, with votes being unblocked on January 08, 2026, after the conclusion of the e-voting period.

Strategic Implications

The approved resolution enables Quest Flow Controls Limited to relocate its registered office from its current location in Verna Industrial Estate, Goa, to Pune, Maharashtra. This strategic move will also necessitate corresponding changes to the company's Memorandum of Association to reflect the new registered office address and state of incorporation.