Popular Vehicles and Services Ltd (PVSL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Popular Vehicles and Services Ltd on NSE and BSE, with an AI summary of each filing.
Pursuant to the Regulation 30 of SEBI (LODR) Regulation, 2015, we hereby inform you that the statutory auditor of Popular Mega Motors (India) Private Limited, a Wholly Owned Material Subsidiary ....
Change in Auditor · 05 Nov 2026, 12:06 am
Statutory Auditor Resigns from Popular Vehicles Subsidiary to Align Group Audits M/s R.G.N. Price & Co. has resigned as Statutory Auditor of Popular Mega Motors (India) Private Limited, a wholly owned material subsidiary of Popular Vehicles and Services Limited, effective from their resignation letter dated 3rd Nov'26. The move follows the statutory auditor rotation at the parent company to align the subsidiary's audit with the holding company. The resigning auditor raised no concerns regarding company management. Prior to stepping down, the firm submitted its limited review report for the period ended 30th Sep'26 on 3rd Nov'26.
Pursuant to the Regulation 30 of SEBI (LODR) Regulation, 2015 we wish to inform you that the statutory auditors of Popular Mega Motors (India) Private Limited, Wholly Owned Material Subsidiary ....
Change in Management · 04 Nov 2026, 11:15 pm
Popular Mega Motors Auditor Resigns to Align with Parent Company M/s R.G.N. Price & Co., Chartered Accountants, resigned as the statutory auditor of Popular Vehicles and Services Limited's wholly owned material subsidiary, Popular Mega Motors (India) Private Limited, effective 3rd Nov'26. The resignation follows the parent company's statutory auditor rotation to align group-level audits. Appointed on 3rd Aug'23 with an original term through 31st Mar'28, the outgoing auditor confirmed no management concerns or other material reasons for stepping down.
Pursuant to the regulation 30 of SEBI (LODR) Regulation, 2015 we wish to inform you that the statutory auditors of Popular Mega Motors (India) Private Limited, wholly owned material subsidiary ....
Change in Auditor · 04 Nov 2026, 10:28 pm
Popular Vehicles Material Subsidiary Auditor Resigns to Align Group Audit M/s R.G.N. Price & Co., Chartered Accountants, resigned as Statutory Auditors of Popular Mega Motors (India) Private Limited, a wholly owned material subsidiary of Popular Vehicles and Services Limited, via letter dated 3rd Nov'26 (received 4th Nov'26). The resignation follows the parent company's statutory auditor rotation, aiming to align the subsidiary's audit with the holding company. The resigning auditors raised no concerns regarding management.
POPULAR VEHICLES AND SERVICES LIMITED has informed the Exchange about Board Meeting to be held on 11-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 11 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 11 Nov 2026, 5:30 am
Popular Vehicles And Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
Intimation · 11 Nov 2026, 5:30 am
Popular Vehicles Schedules Board Meeting for Q2 FY27 Results Approval Popular Vehicles and Services Ltd has scheduled a Board of Directors meeting on 11th Nov'26 to consider and approve its un-audited standalone and consolidated financial results for the second quarter and half-year ended 30th Sep'26. Consequently, the trading window for dealing in company shares by designated persons remains closed from 1st Oct'26 until 48 hours following the public declaration of the quarterly results.
Pursuant to the Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that ....
Intimation · 03 Nov 2026, 10:23 pm
Popular Vehicles and Services Schedules Q2 FY27 Earnings Call on 12th Nov'26 Popular Vehicles and Services Limited will host an earnings conference call on 12th Nov'26 at 08:45 AM IST to discuss its financial and operational performance for Q2 and H1 ended 30th Sep'26. Key management participants include Promoter & Managing Director Naveen Philip, Group CFO Abraham Mammen, and Deputy CEO Aamir Ahmed. Primary access numbers for the call are +91 22 6280 1309 and +91 22 7115 8210, alongside international toll-free options for Hong Kong, Singapore, the UK, and the USA.
Intimation of reaffirmed credit rating of Popular Vehicles and Services Limited.
Others (Uncategorized) · 02 Nov 2026, 11:39 pm
CRISIL Reaffirms Ratings for Popular Vehicles and Services on Enhanced Loan Facilities CRISIL Ratings has reaffirmed Popular Vehicles and Services Limited's long-term rating at CRISIL A/Stable and short-term rating at CRISIL A1 on 2nd Nov'26. The ratings remain valid until 31st Mar'27. Concurrently, the total rated bank loan facilities have been increased from ₹643 Crore to ₹785 Crore, reflecting expanded borrowing capacity with sustained credit quality.
Intimation of credit rating of wholly owned subsidiary Popular Mega Motors (India) Private Limited.
Others (Uncategorized) · 02 Nov 2026, 11:05 pm
CRISIL Reaffirms Credit Ratings for Popular Vehicles Subsidiary CRISIL Ratings reaffirmed the credit ratings for Popular Vehicles and Services' wholly owned subsidiary, Popular Mega Motors (India) Private Limited, on 2nd Nov'26. The agency maintained its long-term rating at CRISIL A/Stable and short-term rating at CRISIL A1 for bank loan facilities totaling ₹235.55 crore. The reaffirmed ratings remain valid through 31st Mar'27, underscoring ongoing credit stability and financial profile strength for the subsidiary's debt obligations.
We wish to inform you that Popular Mega Motors (India) Private Limited, a Wholly owned subsidiary of the Company, has successfully completed the assessment conducted by the Great Place ....
Others (Uncategorized) · 29 Oct 2026, 6:52 pm
Popular Vehicles Subsidiary Certified as Great Workplace Popular Vehicles and Services announced on 29th Oct'26 that its wholly owned subsidiary, Popular Mega Motors (India) Private Limited, has been certified as a "Great Workplace" by Great Place to Work in India for the second consecutive year. The certification, under the Large Organization category, is valid from Oct'26 to Oct'27 with a Trust Index score of 95%.
The Board of Directors vide circular resolution passed on 29th October, 2026, approved the conducting of a postal ballot to seek approval of shareholders for alteration of the Articles ....
Others (Uncategorized) · 29 Oct 2026, 6:34 pm
Popular Vehicles Approves Postal Ballot to Amend Articles of Association Popular Vehicles and Services Ltd's Board approved a circular resolution on 29th Oct'26 to alter Article 160 of its Articles of Association, subject to shareholder approval via postal ballot. The amendment eases common seal execution requirements from at least two Directors to one Director alongside the Company Secretary or an authorised signatory. This change aims to facilitate timely execution of banking, financing, and corporate agreements following the resignation of Whole-time Director John Kuttukaran Paul on 8th Oct'26. Myladoor Cherian Sajumon was appointed scrutinizer for the e-voting process.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company, by way of a ....
Others (Uncategorized) · 29 Oct 2026, 6:12 pm
Popular Vehicles Approves AoA Alteration for Common Seal Execution Popular Vehicles and Services Ltd's Board approved an amendment to Article 160 of its Articles of Association via circular resolution on 29th Oct'26, subject to shareholder approval through postal ballot. The amendment eases common seal execution requirements—moving from requiring at least two Directors to at least one Director alongside the Company Secretary or an authorized person—to streamline the execution of loan, security, and banking documents following the resignation of Whole-time Director John Kuttukaran Paul on 8th Oct'26. Myladoor Cherian Sajumon has been appointed scrutinizer for the e-voting process.
Pursuant to Regulation 30 read with clause 7C of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we hereby inform you that Mrs. Jarly Manjesh, Head - Group Finance ....
Change in Management · 23 Oct 2026, 9:09 pm
Popular Vehicles & Services Announces Resignation of Senior Management Personnel Popular Vehicles and Services Ltd has informed stock exchanges under SEBI LODR regulations that Mrs. Jarly Manjesh, Head – Group Finance Transformation, has tendered her resignation dated 22nd Oct'26. The departure is aimed at pursuing external career opportunities. The resignation will take effect from 21st Jan'27 following the completion of her notice period and handover formalities.
Pursuant to Regulation 30 read with clause 7C of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we hereby inform you that Mrs. Jarly Manjesh, Head - Group Finance ....
Change in Management · 23 Oct 2026, 8:52 pm
Popular Vehicles and Services Announces Resignation of Senior Management Personnel Popular Vehicles and Services Limited has informed exchanges that Mrs. Jarly Manjesh, Head – Group Finance Transformation (Senior Management Personnel), tendered her resignation on 22nd Oct'26 to pursue external career opportunities. The company confirmed that her resignation will take effect from 21st Jan'27 following the completion of her notice period and handover formalities.
The Board of Directors of the Company has reconstituted the Finance and Authorisation Committee by way of a resolution by circulation passed on 19th October, 2026.
Others (Uncategorized) · 19 Oct 2026, 9:44 pm
Popular Vehicles Reconstitutes Finance and Authorisation Committee Popular Vehicles and Services Limited has reconstituted its Finance and Authorisation Committee via a board resolution passed on 19th Oct'26. Following the reconstitution, Managing Director Naveen Philip serves as Chairman, while Non-Executive Director Paul Francis Kuttukaran acts as Member.
In accordance with SEBI LODR Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of the SEBI (Prohibition ....
Others (Uncategorized) · 16 Oct 2026, 4:17 am
Popular Vehicles Reports Robust Q2FY27 Revenue and Volume Growth Across Segments Popular Vehicles and Services reported a 40% YoY increase in consolidated revenue from operations for Q2FY27 (26% organic growth), with H1FY27 revenue up 46% YoY (29% organic). Q2FY27 new vehicle sales volumes surged 51% YoY (28% organic), led by non-luxury PV at 46% YoY and Luxury PV at 53% YoY. Inventory stood at ~41 days versus 44 days YoY. Debt increased sequentially due to pre-emptive inventory build-up ahead of 1st Oct'26 OEM price hikes. Step-down subsidiary ZPAREX launched B2B e-commerce platform Yanik.
Pursuant to Regulation 30 and other relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the officials of ....
Intimation · 12 Oct 2026, 6:49 pm
Popular Vehicles and Services Schedules Virtual Analyst Meet on 15th Oct'26 Popular Vehicles and Services Limited has informed exchanges that its officials will attend a virtual group investor/analyst meeting organized by Citi Research on 15th Oct'26 from 01:00 PM IST onwards. The company stated that discussions will rely strictly on publicly available information, and no unpublished price-sensitive information (UPSI) will be shared during the interaction.
Mr. John Kuttukaran Paul (DIN:00016513), has tendered his resignation from the position of Director in the following subsidiaries of the Company, vide resignation letter dated 08th October, ....
Change in Management · 08 Oct 2026, 11:36 pm
Promoter John Kuttukaran Paul Resigns from Five Key Subsidiaries Mr. John Kuttukaran Paul tendered his immediate resignation as Director across five subsidiaries of Popular Vehicles and Services Ltd on 8th Oct'26, including material subsidiary Prabal Motors Pvt Ltd, Popular Autoworks, Kuttukaran Cars, Popular Auto Dealers, and Keracon Equipments. The departures follow an inter-se promoter Family Settlement Arrangement executed on 1st Oct'26, under which operational and management control of the holding firm and its subsidiaries will vest in continuing promoters Mr. Francis K. Paul and Mr. Naveen Philip, while the outgoing promoter exits directorships to manage separate family ventures.
Mr. John Kuttukaran Paul (DIN: 00016513) has tendered his resignation from the position of Director in the following subsidiaries of the company, vide resignation letter dated 08th October, ....
Change in Management · 08 Oct 2026, 11:17 pm
John Kuttukaran Paul Resigns as Director from Five Popular Vehicles Subsidiaries Pursuant to a promoter family settlement agreement executed on 1st Oct'26, outgoing promoter John Kuttukaran Paul resigned as Director across five subsidiaries of Popular Vehicles and Services Ltd, effective 8th Oct'26. The entities include material subsidiary Prabal Motors Pvt. Ltd., alongside Popular Autoworks, Kuttukaran Cars, Popular Auto Dealers, and Keracon Equipments. Management and operational control of the holding company and its subsidiaries will continue to vest with continuing promoters Francis K. Paul and Naveen Philip, with no other material reasons reported for the departure.
Mr. John Kuttukaran Paul (DIN: 00016513), has tendered his resignation from the position of Director in the following subsidiaries of the Company: 1. Prabal Motors Pvt. Ltd., (Material ....
Change in Management · 08 Oct 2026, 11:00 pm
Popular Vehicles Director Resigns from Key Subsidiaries Under Family Settlement Popular Vehicles and Services announced that Mr. John Kuttukaran Paul resigned as Director from five subsidiaries, effective 8th Oct'26. The entities include material subsidiary Prabal Motors Pvt. Ltd., alongside Popular Autoworks, Kuttukaran Cars, Popular Auto Dealers, and Keracon Equipments. The departures follow an inter-se promoter Family Settlement executed on 1st Oct'26. Under the arrangement, operational control of the parent and subsidiaries vests with continuing promoters Mr. Francis K. Paul and Mr. Naveen Philip, while the outgoing promoter relinquishes board positions to manage separate allocated family businesses.
Mr. John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has resigned vide letter dated 08th October, 2026, to be effective immediately.
Change in Management · 08 Oct 2026, 10:49 pm
Popular Vehicles Whole-Time Director John Kuttukaran Paul Resigns Under Family Settlement Popular Vehicles and Services announced that Whole-Time Director John Kuttukaran Paul resigned effective 8th Oct'26. The move follows an amicable Memorandum Recording Family Arrangement executed on 1st Oct'26 (intimated to exchanges on 5th Oct'26). Under the settlement, operational management and control of the listed company and its subsidiaries will vest in continuing promoters Francis K. Paul and Naveen Philip, while John K. Paul steps down to focus on designated partnerships, educational trusts, and other family entities.
Mr. John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has tendered his resignation vide letter dated 08th October, 2026, to be effective immediately.
Change in Management · 08 Oct 2026, 10:32 pm
Popular Vehicles Whole-Time Director Resigns Following Promoter Family Settlement Popular Vehicles and Services Ltd announced the immediate resignation of Whole-Time Director Mr. John Kuttukaran Paul on 8th Oct'26. The departure follows a Memorandum Recording Family Arrangement executed on 1st Oct'26 (intimated on 5th Oct'26). Under the settlement, operational and management control of the listed entity and its subsidiaries will vest in continuing promoters Mr. Francis K. Paul and Mr. Naveen Philip, while Mr. John K. Paul relinquishes board positions across group entities to oversee designated partnerships and educational trusts.
Mr. John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has tendered his resignation vide letter dated 08th October, 2026, to be effective immediately.
Change in Management · 08 Oct 2026, 10:19 pm
Popular Vehicles Director John Kuttukaran Paul Resigns Post Family Settlement Popular Vehicles and Services Ltd announced the immediate resignation of Whole-Time Director John Kuttukaran Paul on 8th Oct'26. The departure follows an amicable Memorandum Recording Family Arrangement executed on 1st Oct'26 and disclosed on 5th Oct'26. Under the settlement, operational and management control of the listed entity and its subsidiaries will vest in continuing promoters Francis K. Paul and Naveen Philip, while John Kuttukaran Paul relinquishes board roles to focus on designated partnerships, educational trusts, and other family entities.
Intimation of credit rating of wholly owned subsidiary Popular Autoworks Private Limited.
Others (Uncategorized) · 07 Oct 2026, 12:06 am
CARE Edge Ratings Updates Bank Facility Ratings for Popular Autoworks Care Ratings Limited reaffirmed the credit rating of CARE A-; Stable / CARE A2+ for long-term and short-term bank facilities of Popular Autoworks Private Limited, a wholly owned subsidiary of Popular Vehicles and Services Limited, across an enhanced amount of ₹105.70 crore (up from ₹95.70 crore). Additionally, the agency assigned a new rating of CARE A-; Stable for long-term facilities worth ₹7.50 crore and reaffirmed CARE A-; Stable on separate long-term facilities enhanced to ₹15.50 crore from ₹2.50 crore on 6th Oct'26.
Copy of press release to be issued regarding the commencement of full-scale commercial operations of the e-commerce marketplace for automotive spare parts (www.yanik.in) by the Company''s ....
Press Release · 05 Oct 2026, 10:56 pm
Popular Vehicles Launches B2B E-Commerce Marketplace Yanik for Auto Spare Parts Popular Vehicles & Services Limited commenced full-scale commercial operations of 'Yanik' (www.yanik.in) on 5th Oct'26 through its wholly owned step-down subsidiary, Zparex Digisolutions Private Limited. Designed primarily as a B2B automotive spare parts marketplace, the platform connects suppliers with spare-parts dealers and independent garages, offering access to over 13,000 verified parts across major categories. The digital initiative complements PVSL’s existing physical distribution network, aiming to expand market reach, enhance product accessibility, and generate scalable, recurring revenue across the automotive aftermarket ecosystem.