Board Meeting Outcome for Meeting Held On 10Th October 2026

Date: 10th October, 2026 The Manager, BSE SME Platform Department of Corporate Services 25th Floor, P.J. Towers, Dalal Street Fort, Mumbai - 400 001 BSE Scrip Code: 543982 Sub: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of Quest Flow Controls Limited at its meeting held on Saturday, October 10, 2026 has considered and approved inter alia the following agenda items: 1. Noting of the resignation of Mr. Lalit Varshney (DIN: 10689838), Non-Executive Director of the Company, from the position of Non-Executive Director, with effect from 10th October, 2026 pursuant to the resignation letter dated 10th October, 2026; 2. Appointment of Mr. Jitendra Ramdas Bhosale (DIN: 09689357) as an Additional Non-Executive Director of the Company with effect from 10th October, 2026 subject to approval of shareholders in the ensuing general meeting of Company; 3. Increase in the remuneration of Mr. Kishor Dhondu Makvan, Executive Director, from Rs. 90,00,000 (Ninety Lakhs) per annum to Rs. 1,20,00,000 (One Crore Twenty Lakhs) per annum, with effect from 1st August, 2026 subject to approval of shareholders in the ensuing general meeting of Company; 4. Approval of Draft Postal Ballot notice of Company; 5. Appointment of Mr. Nikunj Kanabar (Sole Proprietor of M/s Nikunj Kanabar & Associates), Practicing Company Secretaries as Scrutinizer for conducting the E-voting process; 6. Fixation Cut-off/Record date for Submission of Postal Ballot Notice and Entitlement of Shareholders for E-Voting. The additional details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 are enclosed as Annexure – I & II. The Board Meeting commenced at 02:30 P.M. and concluded at 03:00 P.M. The above is for your information and record. Yours faithfully, Thanks & Regards FOR QUEST FLOW CONTROLS LIMITED (Formerly Known as Meson Valves India Limited) SWAROOP RAGHUVIR NATEKAR WHOLE TIME DIRECTOR DIN: 05154850 Annexure - I Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated January 30, 2026 for Resignation of Mr. Lalit Varshney (DIN: 10689838) as Non-Executive Director of the Company: Sr. No. Particulars Details 1 Reason for change viz. Resignation of Mr. Lalit Varshney (DIN: appointment/reappointment, resignation, 10689838) from the position of Non-Executive removal, death or otherwise; Director of the Company, with effect from October 10, 2026. 2 Date of appointment /re-appointment/ w.e.f from October 10, 2026 cessation (as applicable) & term of appointment 3 Brief profile (in case of appointment); Not applicable 4 Disclosure of relationships between Not applicable directors (in case of appointment of a director). 5 Information as required pursuant to BSE Mr. Lalit Varshney has confirmed that there are Circular with ref. no. no material reasons for his resignation other LIST/COMP/14/2018- 19 dated June 20, than those mentioned in his resignation letter 2018 Mr. Lalit Varshney Address: A 1202, Elite Enclave CHS, Plot 260, Sector 10 Kharghar, Raigarh, Maharashtra, 410210 Date: 10th October, 2026 QUEST FLOW CONTROLS LIMITED Gat No 324, Chakan MIDC Phase II, Village Bhamboli Tai, Dist, Khed, Chakan, · Pune, K.hed, Maharashtra, India, 410501 Subject: Resignation from the post of Non-Executive Director. Dear Sir/Madam, I hereby tender my resignation from the post of Non-Executive Director due to pre-occupation and other personal reasons with effect from 10th October, 2026. I request you to relieve me from my duties as Non-Executive Directo~ of the Company wit~ immediate effect · I take this opportunity to thank the Board of Directors for their support and co-operatl~n during the tenure. ,· ·/ ' :'., ,, Further there is no material reason of resignation other than the provided as mentioned above. Kindly acknowledge my resignation. Thanking you, Yours Faithfully, ,'-· LALIT VA RSHNEY NON-EXECUTIVE DIRECTOR DIN: 10689838 DATE: 10-10-2026 '> .. Scanned with OKEN Scanner Annexure - II Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated January 30, 2026 for Appointment of Mr. Jitendra Ramdas Bhosale (DIN: 09689357) as Additional Non-Executive Director of the Company: Sr. No. Particulars Details 1 Reason for change viz. appointment; Mr. Jitendra Ramdas Bhosale (DIN: 09689357) as Additional Non-Executive Director of the Company. 2 Date of appointment (as applicable) w.e.f from October 10, 2026 3 Brief profile (in case of appointment); The brief profile of the appointee, including details of qualifications, experience, expertise and other relevant particulars, is attached herewith 4 Disclosure of relationships between Not applicable directors (in case of appointment of a director). 5 Director being appointed is not debarred Mr. Jitendra Ramdas Bhosale is not debarred from holding the office of director by virtue from holding the office of director by virtue of of any SEBI order or any other such any SEBI order or any other such authority. authority. Announcement: New Non Executive Director Mr. Jitendra R. Bhosale We are pleased to announce the appointment of Mr. Jitendra R. Bhosale as a Non-Executive Director. He is joining in the place of Dr. Lalit Varshney. Mr. Bhosale is a global oil & gas, valves, quality and supply-chain professional with 21+ years of experience across valve manufacturing, wellheads, X-trees, drilling and completion equipment, product validation, quality assurance, auditing, supply-chain management and business development. He brings extensive expertise in high-pressure valves, wellheads, Christmas trees, BOPs and choke manifolds, with strong exposure to API 6A, 6D, 16C, 17D, 20E and other international standards. His experience also includes manufacturing governance, product validation, pressure testing, QMS implementation, supplier qualification and 150+ supplier evaluations and audits. With international exposure across India, Southeast Asia, the Middle East, China, Italy and USA-linked operations, and experience with global customers including Shell, ExxonMobil, Saudi Aramco and ADNOC, Mr. Bhosale brings valuable technical and industry expertise to the Board. His appointment further strengthens the Company’s capabilities in technical governance, manufacturing excellence, quality and compliance, supply-chain risk management, operational excellence and strategic business development. questflowcontrols.com About (formerly known as Meson Valves India Limited) Quest operates a state-of-the-art 35,000 sq. ft manufacturing and integration facility in Chakan (Pune) equipped with advanced CNC machinery and hydro-testing equipment Strategic enablers of sovereign Shipbuilding capacity. Designing and supplying valves for high-pressure, high-temperature, and corrosive environments The combination of advanced CNC technology and specialized testing equipment ensures that every product meets the highest international quality standards and certifications Manufacturing Process Applications apart from Shipbuilding sector These machines are housed within a manufacturing footprint that has expanded to 35,000 sq. ft, providing the technical infrastructure necessary to handle a rapidly growing order book that now exceeds ₹100 Crore Power Oil & Gas Chemical SKUs Capacity Expansion 50+S KUs available in both ferrous and non- Capacity heavily expanded after IPO ferrous materials Specialised Systems Testing Bays QuickC losingValve(QCV) systems, Remote Hydro,p neumatic & NDT labs at strategic Controlled Valve Systems (RCVS), and Pune area, in the vicinity of [Showing first 8,000 characters — download PDF for full document]