Announced Mon, 30 Mar · 20:54 IST

Popular Vehicles and Services Limited has informed the Exchange regarding Appointment of John Kuttukaran Paul as Executive Director of the company w.e.f. April 01, 2026.

Promoter Family Board EntryManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+8.8%1-day move
₹85.00
prior close
₹87.00
base price
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+4.5+3.8+3.0+2.3+8.8+15.3+14.1+12.4+12.7+19.5+18.8+20.0+17.6+8.5
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AI summary

Popular Vehicles and Services Limited has re-appointed Mr. John Kuttukaran Paul (DIN: 00016513) as Whole-Time Director for a period of 2 years, from April 1, 2026 to March 31, 2028. The re-appointment was approved by shareholders through a special resolution via postal ballot, with results announced on March 30, 2026. Mr. Paul holds a mechanical engineering degree and brings over 4 decades of experience in the automobile industry, currently overseeing the Maruti Suzuki dealership operations. He is a former president of the Federation of Automobile Dealers of India (FADA) and the current president of Kerala Automobiles Dealership Association.

Likely market impact

This is a routine re-appointment with no change in leadership, providing continuity in the company's Maruti Suzuki dealership operations. Shareholders are unlikely to see any material impact on the stock, as the promoter family's hold on the board remains unchanged.