Announced Mon, 4 May · 18:04 IST

Popular Vehicles and Services Limited has informed the Exchange regarding Resignation of Mr. Manoj J. Chethimattam as Head- Supply Chain Management of the company w.e.f. August 03, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹102.00
prior close
₹100.70
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+1.8+2.2+3.3+2.9+3.9+3.9+13.2+6.5+1.2+2.0+5.1-4.0-7.9
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AI summary

Mr. Manoj J. Chethimattam, Head of Supply Chain Management at Popular Vehicles and Services Limited, has tendered his resignation notice dated 04th May 2026, effective from 03rd August 2026. The resignation is due to personal reasons. The company has disclosed this change under SEBI Listing Regulations as it pertains to Senior Management Personnel (SMP). The effective date gives approximately 3 months for transition and replacement planning.

Likely market impact

This is a mid-level management change in the supply chain function. While the company will need to find a replacement, the departure does not directly impact top-level leadership or governance structures. The stock is unlikely to be significantly affected unless supply chain disruptions occur during the transition.