Announced Tue, 30 Dec · 18:14 IST

Intimation regarding the appointment of Mr. Murali Narayanan (DIN: 11356917) as Non-Executive Independent Director pursuant to Regulation 30 of SEBI (LODR), Regulations, 2015.

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AI summary

Popular Vehicles and Services Ltd has appointed Mr. Murali Narayanan (DIN: 11356917) as a Non-Executive Independent Director on its board. The appointment was approved by shareholders through a postal ballot, with results announced on 30th December 2025. Mr. Narayanan will serve for a period of 5 years, starting from 29th December 2025. He is a technology leader with global experience in AI, cloud, and automation, having held senior roles at GSK and Dell Technologies. He holds a Certified Independent Director qualification and is not barred from holding a directorship by SEBI or any other authority.

Likely market impact

This is a routine independent director appointment that strengthens the board's governance and brings in technology expertise. It is unlikely to have a direct material impact on the stock price or shareholder value in the short term.