Popular Vehicles and Services Ltd has announced the resignation of its Chief Executive Officer (CEO), Mr. Raj Narayan. The company informed the stock exchanges that Mr. Narayan tendered his resignation on May 22, 2026, to pursue a new career opportunity in a different industry.

Resignation Details

The resignation of Mr. Raj Narayan is effective from August 21, 2026. He served as the CEO for 44 months, during which he oversaw the company's operations, including its successful initial public offering (IPO). In his communication to the company, he expressed gratitude to the Board for the support extended during his tenure.

Transition Plan

Mr. Narayan has committed to serving the required notice period to ensure a smooth transition of business continuity. He assured the management that he would remain available for assistance even after his departure to support the company's success.

Key Information

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Popular Vehicles and Services Ltd has informed the exchanges that its board will meet on Tuesday, May 26, 2026. The meeting is being convened pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board meeting is to consider and approve the audited standalone and consolidated financial results of the company. These results pertain to the fourth quarter and the financial year ended March 31, 2026.

In conjunction with the intimation of the board meeting, the company disclosed details regarding the closure of the trading window. The trading window for dealing in the company's shares by designated persons has been closed since Wednesday, April 1, 2026. This closure will remain in effect until the expiry of 48 hours after the declaration of the audited financial results to the public.

The intimation was addressed to both BSE Limited and the National Stock Exchange of India Limited. The company's scrip code on the BSE is 544144, while the NSE code is PVSL. The ISIN for the company's securities is INE772T01024.