Popular Vehicles and Services Limited has informed the Exchange about General Updates on re-composition of its 4 Committees namely Audit Committee, Corporate Social Responsibility Committee, Risk Management Committee and Finance and Authorisation Committee.
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Popular Vehicles and Services Limited has re-composed four of its board committees effective 26 May 2026. The Audit Committee is now chaired by Independent Director Mr. Neeraj Jain with three other Independent Directors as members. The CSR Committee is chaired by Whole Time Director Mr. John Kuttukaran Paul and includes Managing Director Mr. Naveen Philip and Independent Director Mr. Jacob Kurian. The Risk Management Committee is chaired by Independent Director Mr. Murali Narayanan. The Finance and Authorisation Committee is chaired by Managing Director Mr. Naveen Philip. No external appointments or resignations were involved — all members are existing directors.
This is a routine internal reorganisation of committee memberships with no material change to board composition or leadership. It has no direct impact on the stock price or shareholder value in the short term.