Popular Vehicles and Services Limited has informed the Exchange about change in Management
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Popular Vehicles and Services Limited has appointed Mr. Neeraj Jain (DIN: 00348591) as a Non-Executive Independent Director of the company for a period of five years, effective from 29th September 2025. The appointment was approved by shareholders through a special resolution at the 41st Annual General Meeting held on the same day. Mr. Jain is a Chartered Accountant and Company Secretary with over 30 years of leadership experience in finance, supply chain, and business management across Johnson & Johnson and Hindustain Unilever, having served in India, ASEAN, and Asia Pacific. He was earlier recognized among the top 100 CFOs in India by CImA in 2016 and 9.9 Media in 2015. He is not related to any existing director and is not debarred from holding directorship by any regulator.
This is a routine board-level appointment with no immediate impact on operations or stock price. The addition of a seasoned finance professional with multinational experience may strengthen board oversight, which is generally viewed positively by investors.