
Management Change8 Oct 2026, 05:30 pm
Popular Vehicles Whole-Time Director Resigns
AI Summary
Mr. John Kuttukaran Paul, Whole-Time Director of Popular Vehicles and Services Ltd, has resigned from his position effective immediately, as of October 8th, 2026. The resignation is a result of a family settlement agreement among the promoter family, aimed at preserving family unity and allowing individual pursuits. Mr. Paul will step down from his board positions in the listed entity and its subsidiaries to focus on other family business ventures. The company has enclosed the resignation letter with detailed reasons as per SEBI Listing Regulations.
Key Highlights
- Whole-Time Director John Kuttukaran Paul resigns effective October 8th, 2026.
- Resignation is due to a family settlement agreement.
- Mr. Paul will focus on other family business entities.
- The change is in compliance with SEBI Listing Regulations.
Price Impact
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