Popular Vehicles and Services Limited has informed the Exchange about change in Management
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Popular Vehicles and Services Limited has informed the stock exchanges that Mr. Francis K. Paul (DIN: 00018825) has retired from the position of Whole Time Director of the Company, effective from the close of business hours on 31st March, 2026. Additionally, he has also resigned from his Non-Executive Directorship on the board, effective the same date. The board noted and approved these changes at its meeting held on 31st March, 2026. This follows an earlier intimation made on 10th February, 2026 about his intended retirement. With this, Mr. Francis K. Paul has stepped down from all board positions at the company.
A key managerial person (Whole Time Director) is exiting the board completely, which may raise questions about leadership continuity. Shareholders should watch for any replacement appointment announcement and assess the impact on the company's strategic direction.