Quest Softech (India) Ltd: Recent Developments and Financial Updates

On August 13, 2025, several key announcements were made by Ampvolts Limited, formerly known as Quest Softech (India) Ltd, concerning its financial performance and upcoming corporate events. These updates were communicated to the Bombay Stock Exchange Ltd, where the company is listed under the scrip code 535719.

Financial Performance and Board Decisions

The Board of Directors of Ampvolts Limited convened on August 13, 2025, to review and approve several critical financial and operational matters. Among the key decisions made during the meeting were:

  • Approval of Unaudited Financial Results: The Board approved the unaudited financial results for the quarter ended June 30, 2025. These results were accompanied by a Limited Review Report, which provides a preliminary assessment of the company’s financial performance for the period.

  • Statement of Deviation and Variation: In compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the company submitted a Statement of Deviation and Variation for the quarter ended June 30, 2025. This statement, reviewed by both the Audit Committee and the Board, outlines any deviations from expected financial or operational metrics.

Corporate Events

  • Book Closure for 26th AGM: The company announced the book closure for its 26th Annual General Meeting (AGM), which is scheduled to take place on September 12, 2025, at 3:00 p.m. via video conferencing. This meeting will provide shareholders with an opportunity to discuss the company’s performance and future strategies.

Company Overview

Ampvolts Limited, previously known as Quest Softech (India) Ltd, operates as a manufacturer of electric vehicle (EV) charging stations. The company offers a diverse range of EV charging solutions, including various types of AC and DC chargers, catering to customers across India. As of the latest update, the company’s market capitalization stands at INR 673,318,400, with a price-to-earnings ratio of 104.4.

These developments reflect Ampvolts Limited’s ongoing efforts to maintain transparency and compliance with regulatory requirements while continuing to expand its presence in the EV charging sector.