Whole-Time Director John K. Paul resigns effective immediately

Kmp ResignedManagement Changes View source PDF Explain this filing

PVSL · price

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

-1.5%Reaction day

₹92.50

prior close

₹92.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.8% vs market

Automobiles peers, median of 19sector · industry level+1.2%-2.7% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.7 pts less 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

+1.5

10m

-2.1

15m

-1.6

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.3-1.8+1.2-2.7

Next day

+0.6+1.1-0.5+1.7-1.0

+3.8+1.3+2.5+2.3+1.5

+3.2+2.0+1.2+2.3+0.9

+5.9+0.3+5.6+3.8+2.1

+7.5+1.1+6.5+2.7+4.8

-0.2-3.2+3.0+1.0-1.2

15d

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UpDownMarket · Nifty Microcap 250Sector · Automobiles peers, median of 19Pending

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

AI summary

Mr. John Kuttukaran Paul, Whole-Time Director and Key Managerial Personnel of Popular Vehicles and Services, has resigned effective 08 October 2026. The exit follows a promoter family settlement dated 01 October 2026, under which continuing promoters Francis K. Paul and Naveen Philip retain management and operational control. John K. Paul steps down as outgoing promoter to focus on other family businesses.

Likely market impact

A promoter exits the board under a family settlement, but continuing promoters retain control, suggesting operational continuity with no governance disruption.