Quest Flow Controls Ltd Approves Disinvestment of 48.95% Stake in Nibe Meson Naval

Quest Flow Controls Limited has announced that its Board of Directors has approved the complete sale of its 48.95% shareholding in Nibe Meson Naval Limited. The buyer is Nibe Limited, and the transaction amount is Rs 4,89,500 (Indian Rupees Four Lacs Eighty-Nine Thousand Five Hundred only).

This disinvestment is a strategic move by Quest Flow Controls to restructure its investment portfolio and focus on core operations. The transaction is a related party deal but has been conducted at arm’s length to ensure fairness and transparency.

Nibe Meson Naval Limited is an associate company that did not contribute any revenue to Quest Flow Controls in the financial year 2024-25 and had a negative net worth during the same period. The sale is expected to finalize by December 31, 2025, post all necessary approvals and compliances.

This move highlights Quest Flow Controls' efforts toward optimal resource allocation and enhancing shareholder value while streamlining its business interests.

Key Highlights:

Quest Flow Controls Ltd sells entire 48.95% stake in Nibe Meson Naval Limited.

Disinvestment value: Rs 4.89 lakh.

Buyer is Nibe Limited; transaction is a related party deal conducted at arm’s length.

Nibe Meson Naval contributed no revenue and had negative net worth in FY 2024-25.

Expected transaction completion by December 31, 2025.

Strategic move to streamline investments and focus on core operations.

Sources: ScanX.trade, MarketScreener, Ganesh Stocks​