Popular Vehicles and Services Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Awaiting price reaction for this filing.
Popular Vehicles and Services Limited has filed the results of a postal ballot conducted to seek shareholder approval for the appointment of Mr. Murali Narayanan (DIN: 11356917) as an Independent Director of the company. The e-voting period ran from November 30, 2025 to December 29, 2025, with 61,141 shareholders on record as of November 25, 2025. Out of 7.12 crore total shares, 5.76 crore shares (80.96%) were polled, with 99.9958% voting in favor and only 0.0042% against the special resolution. The resolution was passed with overwhelming support, as required for a special resolution under the Companies Act, 2013.
This is a routine corporate governance update — the appointment of a new independent director strengthens the board's composition. There is no direct material impact on stock price or shareholder value; the filing simply fulfils SEBI listing regulation disclosure requirements.