Corporate Governance11 Nov 2026, 07:30 pm
Popular Vehicles Appoints Independent Directors to Subsidiaries
AI Summary
Popular Vehicles and Services Ltd announced that its Board of Directors, in a meeting held on November 11, 2026, approved the appointment of Independent Directors to the boards of its subsidiary companies. This includes Ms. Preeti Reddy for Popular Mega Motors (India) Private Limited (a material subsidiary), Mr. Jacob Kurian for Popular Autoworks Private Limited and Imperion Cars Private Limited, and Mr. Murali Narayanan Chinnasamy for Popular Auto Dealers Private Limited and Zparex Digisolutions Private Limited. The appointments are mandatory for the material subsidiary under SEBI Listing Regulations and voluntary for others to enhance governance.
Key Highlights
- Board approved appointment of Independent Directors to subsidiaries.
- Appointments made to Popular Mega Motors, Popular Autoworks, Imperion Cars, Popular Auto Dealers, Zparex Digisolutions.
- Ms. Preeti Reddy, Mr. Jacob Kurian, Mr. Murali Narayanan appointed.
- Mandatory for material subsidiary, voluntary for others.
Price Impact
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