Meson Valves India Ltd — Others, 03-06-2025: AGM/EGM

Meson Valves India Limited has announced a board meeting on June 25, 2025, to seek shareholder approval for multiple key proposals. These include changing the company name to Quest Flow Controls Limited, increasing Executive Director & CEO Mr. Kishor Dhondu Makvan’s remuneration from Rs. 60 Lakh to Rs. 90 Lakh per annum, and raising the authorised share capital from Rs. 11 Cr to Rs. 12 Cr. The company also plans to raise up to Rs. 44.39 Cr through preferential issuance of 97,561 equity shares and 9,85,080 convertible warrants at Rs. 410 per security to promoters and non-promoters for working capital and general corporate purposes. The preferential issue pricing complies with regulatory norms. No change in control is expected post-issuance.