Popular Vehicles & Services Limited has scheduled a board meeting for February 10, 2026, to review and approve its third quarter financial performance for FY26. The company formally notified both BSE and NSE about this upcoming board meeting in compliance with regulatory requirements.

Board Meeting Details

The meeting agenda focuses on considering and approving the company's unaudited financial results for a specific reporting period. The board will review both standalone and consolidated financial statements during this session.

Regulatory Compliance and Trading Window

The company has implemented standard compliance measures in preparation for the results announcement. Popular Vehicles and Services Limited previously communicated about trading restrictions in their December 24, 2025 correspondence to the exchanges.

The trading window closure affects designated persons within the company who are restricted from dealing in company shares during sensitive periods. This restriction began on January 1, 2026, and will continue until 48 hours after the public declaration of the unaudited financial results for the third quarter and nine months ended December 31, 2025.

Stock Exchange Communication

The formal intimation was sent to both major Indian stock exchanges under Regulation 29 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided complete details including scrip codes and ISIN information for proper identification and record-keeping by the exchanges.

The communication was signed by Varun T.V., Company Secretary and Compliance Officer, from the company's Kochi office on January 30, 2026. This formal notification ensures transparency and keeps all stakeholders informed about the upcoming financial results disclosure timeline.

Popular vehicles & services Limited has announced the immediate closure of its wholly-owned subsidiary Popular Auto Dealers Private Limited's JCB dealership operations, effective January 28, 2026. The decision marks the end of the subsidiary's role as an authorized distributor for JCB India Limited, covering both sales and service operations.

Financial Impact and Business Contribution

The closure affects a business segment with measurable financial contribution to the parent company's operations. The JCB dealership operations generated specific revenue figures during the last financial year.

Reasons for Closure

The company has attributed the closure to operational and strategic challenges that made the business unsustainable. The primary factors cited include:

• Lower profit margins in the JCB dealership business
• Foreseen challenges in maintaining business viability
• Strategic decision to discontinue operations rather than continue with reduced profitability

Regulatory Compliance and Timeline

The closure has been executed in compliance with regulatory requirements under SEBI regulations. Popular Vehicles and Services Limited filed the necessary disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The subsidiary's board approved the closure decision, marking the complete discontinuation of JCB-related business operations. No binding agreements for sale of the unit or division were involved in this closure, as the company opted for direct cessation of operations rather than a transfer or sale arrangement.