Intimation regarding Scrutinizer''s Report pursuant to postal ballot concluded on 29th December, 2025 with regard to the appointment of Mr. Murali Narayanan (DIN: 11356917) as Non-Executive ....
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Popular Vehicles and Services Ltd has informed the stock exchanges that shareholders have approved the appointment of Mr. Murali Narayanan (DIN: 11356917) as a Non-Executive Independent Director through a postal ballot concluded on December 29, 2025. The resolution was passed with near-unanimous support, with 99.9958% of votes polled in favour (57,642,768 shares) and only 2,434 shares against (0.0042%). Out of 61,141 shareholders on record date, around 80.96% of outstanding shares participated in the e-voting. Promoters voted 100% in favour, while public institutions and non-institutions also overwhelmingly supported the appointment at 100% and 99.97% respectively.
This is a routine governance update confirming the addition of a new Independent Director to the board with strong shareholder backing. No material impact on stock price or shareholder value is expected.