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Popular Vehicles and Services Ltd. announced that shareholders approved the reappointment of Mr. John K. Paul and the appointment of Mr. Paul Francis Kuttukaran as a Non-Executive Non-Independent Director at the company’s 42nd Annual General Meeting held on August 28, 2026. Mr. Kuttukaran’s appointment is intended to maintain representation of all three promoter families on the board, following the cessation of Mr. Francis Kuttukaran Paul’s directorship on March 31, 2026.

Popular Vehicles and Services Ltd. announced that shareholders approved the appointment of MSKA & Associates LLP as the statutory auditors at the company’s 42nd Annual General Meeting held on Friday, August 28, 2026. The appointment, which replaces the existing auditor due to the expiry of their term, is for a five-year term from the conclusion of the current AGM until the conclusion of the 47th Annual General Meeting in the financial year 2031-32, with remuneration to be determined by the audit committee and board of directors.

Popular Vehicles & Services will hold a meeting of the Board of Directors of the Company on 11 August 2026.

Popular Vehicles & Services announced that the Annual General Meeting(AGM) of the company will be held on 28 August 2026.

Net Loss of Popular Vehicles & Services reported to Rs 4.96 crore in the quarter ended March 2026 as against net loss of Rs 13.72 crore during the previous quarter ended March 2025. Sales rose 27.84% to Rs 1754.45 crore in the quarter ended March 2026 as against Rs 1372.36 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 12.47 crore in the year ended March 2026 as against net loss of Rs 10.46 crore during the previous year ended March 2025. Sales rose 15.16% to Rs 6381.10 crore in the year ended March 2026 as against Rs 5541.23 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1754.451372.36 28 6381.105541.23 15 OPM %3.031.88 -2.872.80 - PBDT30.239.12 231 100.1189.84 11 PBT-7.50-16.21 54 -27.24-8.95 -204 NP-4.96-13.72 64 -12.47-10.46 -19 Powered by Capital Market - Live News