Popular Vehicles and Services Limited has informed the Exchange about change in Management

Management Changes View source PDF Explain this filing

PVSL · price

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Price reactionminutes from the announcement price · days from the prior close

+3.5%Reaction day

₹102.00

prior close

₹100.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+3.6% vs market

Automobiles peers, median of 18sector · industry level-0.5%+4.1% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 4.1 pts more than its Automobiles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.8

10m

+2.2

15m

+3.3

30m

+2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5-0.1+3.6-0.5+4.1

Next day

+3.9+1.5+2.4+1.9+2.0

+3.9+3.1+0.8+1.5+2.5

+13.2+3.0+10.2+3.6+9.6

+6.5+1.6+4.9+2.9+3.6

+1.2-1.6+2.8+0.8+0.4

+2.0-0.6+2.6-0.6+2.6

15d

+5.1+2.2+2.9+0.2+4.9

-4.0+2.6-6.6-2.0-2.0

-7.9+8.9-16.8+3.0-10.9

+6.5+11.4-4.9+11.7-5.2

UpDownMarket · Nifty Microcap 250Sector · Automobiles peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Popular Vehicles and Services Limited has disclosed the resignation of Mr. Manoj J. Chethimattam from his role as Head of Supply Chain Management. He tendered his resignation on 04th May 2026, with an effective departure date of 03rd August 2026, providing a 3-month notice period. The stated reason for the departure is personal reasons. This is classified as a Senior Management Personnel (SMP) change under SEBI Listing Regulations. Mr. Manoj is not a Key Managerial Personnel (KMP) such as CEO or CFO. The company has filed this intimation under Regulation 30 of the SEBI Listing Regulations.

Likely market impact

The resignation of a mid-level head is unlikely to have significant direct impact on stock price. However, the supply chain function is operationally important, and investors may monitor the replacement process.