Popular Vehicles and Services Ltd HR Head Jobin Thomas Resigns, Effective 31st July 2026
Popular Vehicles and Services Ltd disclosed the resignation of Mr. Jobin Thomas, Head – Human Resources, effective 31st July 2026, filed under Regulation 30 of SEBI (LODR) Regulations, 2015. Mr. Thomas, who served the organisation for approximately 5½ years, cited pursuit of another career opportunity and committed to a smooth transition of HR responsibilities before his departure.
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Popular Vehicles and Services Ltd has intimated the stock exchanges of the resignation of Mr. Jobin Thomas from his position as Head – Human Resources, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed by Company Secretary and Compliance Officer Varun T.V. from Kochi on 6th May 2026.
Senior Management Personnel Change
Mr. Jobin Thomas submitted his formal resignation letter on 5th May 2026, addressed to Mr. Raj Narayan, Chief Executive Officer of the company. The resignation is effective from 31st July 2026. In his resignation letter, Mr. Thomas cited his decision "to pursue another career opportunity aligned with his professional aspirations" as the reason for his departure.
The key details of this senior management change, as disclosed under Regulation 30 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are summarised below:
| Parameter: | Details |
|---|---|
| Name: | Jobin Thomas |
| Designation: | Head – Human Resources |
| Reason for Change: | Resignation |
| Date of Resignation: | 5th May 2026 |
| Effective Date of Cessation: | 31st July 2026 |
Tenure and Transition Commitment
In his resignation letter, Mr. Thomas noted that he had served the organisation for approximately 5½ years, contributing to its growth, transformation, and people agenda as part of the leadership team. He expressed gratitude for the trust placed in him and for the opportunity to work with the senior leadership team and colleagues across the organisation.
Mr. Thomas also affirmed his commitment to ensuring a smooth and structured transition, including the effective handover of all critical HR responsibilities and ongoing priorities to ensure continuity before his departure.
Regulatory Disclosure
The intimation was made pursuant to Regulation 30 read with clause 7C of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited on 6th May 2026.
Historical Stock Returns for Popular Vehicles & Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.30% | +2.39% | +14.04% | -32.15% | -3.72% | -61.86% |
Who is being considered as a potential successor for the Head of Human Resources role at Popular Vehicles and Services Ltd, and what is the expected timeline for the appointment?
How might the leadership transition in HR impact Popular Vehicles and Services Ltd's ongoing talent acquisition and employee retention strategies during the automotive sector's competitive hiring environment?
Could the departure of a senior HR leader with 5½ years of tenure signal broader organizational changes or strategic shifts at Popular Vehicles and Services Ltd ahead of its next fiscal year?
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