Popular Vehicles and Services Limited has informed the Exchange regarding Resignation of Mr Rakesh Kumar Bhutoria as Non- Executive Director of the company w.e.f. December 08, 2025.
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Popular Vehicles and Services Limited has informed the stock exchange that Mr Rakesh Kumar Bhutoria has stepped down from his position as Non-Executive Director of the company, with effect from December 8, 2025. The announcement does not provide specific reasons for his resignation or mention any successor being appointed. No details about his tenure or committee memberships were disclosed in this filing. The resignation pertains only to this single director, and no other board changes were announced alongside.
The departure of a single non-executive director is a routine corporate governance update and is unlikely to materially affect the company's operations or stock price. Shareholders may want to watch for any further announcements regarding board reconstitution.