Announced Mon, 30 Mar · 20:40 IST

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.

Board & Shareholder Meetings View source PDF

PVSL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.8%1-day move
₹85.00
prior close
₹87.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.5+3.8+3.0+2.3+8.8+15.3+14.1+12.4+12.7+19.5+18.8+20.0+17.6+8.5
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AI summary

Popular Vehicles and Services Limited has informed the stock exchanges about the results of a postal ballot conducted via remote e-voting from February 27, 2026 to March 28, 2026. The single special resolution was for the re-appointment of Mr. John Kuttukaran Paul (DIN: 00016513) as Whole-Time Director. Out of 71,198,198 total outstanding shares, 57,675,264 shares (81.01%) were polled, of which 99.99% voted in favour and just 5,269 shares (0.01%) voted against. Promoter group voted 100% in favour with 43,558,086 shares, public institutions voted 100% in favour, and public non-institutions voted 99.93% in favour. The scrutinizer confirmed the resolution was passed with votes in favour exceeding three times the votes against.

Likely market impact

The re-appointment of Mr. John Kuttukaran Paul as Whole-Time Director has been approved by shareholders with overwhelming support, providing leadership continuity. This is a routine governance matter with no material impact on financials or business operations, though promoter interest in the resolution was disclosed.