Popular Vehicles and Services Appoints New Directors at 42nd AGM

Popular Vehicles and Services Ltd has announced the appointment of new directors following the 42nd Annual General Meeting (AGM) held on August 28, 2026, as reported on the exchange filings.  

The appointments were approved by shareholders through ordinary resolutions, marking a strategic move in the company's leadership structure. 

Director Appointments at the AGM 

During the AGM, shareholders approved the re-appointment of Mr. John K. Paul as director. Mr. Paul, who has been a part of the company since July 5, 1983, is responsible for the Maruti Suzuki dealership operations.  

With over 50 years of experience in the automobile industry, he also holds the position of President of the Kerala Automobiles Dealers Association. 

Additionally, Mr. Paul Francis Kuttukaran has been appointed as a Non-Executive Non-Independent Director. His appointment aims to ensure continued representation of all three promoter families on the board.  

Mr. Kuttukaran brings international experience across automotive, high-tech manufacturing, and semiconductor ecosystems. 

Director Profiles and Expertise 

Mr. John K. Paul holds a bachelor's degree in mechanical engineering from the University of Calicut. He has been instrumental in the company's operations and has a significant shareholding of 1,45,19,362 shares.  

Mr. Paul Francis Kuttukaran, aged 46, holds an MBA from Rotterdam School of Management and a mechanical engineering degree from PSG College of Technology, Coimbatore. He is known for his expertise in market intelligence and strategy. 

Read More: MSTC Share Price in Focus; Updates Memorandum of Association for Travel Business Inclusion! 

Regulatory Compliance and Affirmations 

The company has affirmed that both directors are not debarred from holding office by any regulatory authority.  

They are also not disqualified under Section 164 of the Companies Act, 2013. This compliance ensures that the appointments align with SEBI regulations and maintain the integrity of the board. 

Popular Vehicles and Services Share Price Performance 

As of August 28, 2026, at 3:30 PM, Popular Vehicles and Services share price on NSE was closed at ₹102.11, down by 3.74% from the previous closing price. 

Conclusion 

Popular Vehicles and Services Ltd has strengthened its leadership with the re-appointment of Mr. John K. Paul and the appointment of Mr. Paul Francis Kuttukaran as directors. These appointments were approved at the 42nd AGM, reflecting the company's commitment to maintaining a robust governance structure. 

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