Popular Vehicles and Services Whole-Time Director John Kuttukaran Paul resigns
Popular Vehicles and Services (PVSL) said John Kuttukaran Paul, Whole-Time Director, has resigned. The company is valued at about ₹655 crore.
What happened
In a filing with the BSE on 8 October 2026 at 04:49 PM, Popular Vehicles and Services (PVSL) said that John Kuttukaran Paul, Whole-Time Director, has resigned.
From the filing: "John Kuttukaran Paul (DIN: 00016513), Whole-Time Director of the Company, has tendered his resignation vide letter dated 08th October, 2026, to be effective immediately."
Company snapshot
Popular Vehicles and Services is a micro-cap company, with a market value of about ₹655 crore.
The stock last traded at ₹92.06, against a 52-week range of ₹82.41–₹163 (43.5% below the high).
Before this filing the shares had moved −7.1% over the month and +3.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.23 crore.
Promoters held 61.38% at the end of Q1 FY27, up 0.02% points from the previous quarter. Foreign institutions owned 10.28% and domestic institutions 9.85%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,311 | -8.8 | -1.23 |
| Q2 FY26 | 1,530 | 0.6 | 0.08 |
| Q3 FY26 | 1,785 | 0.7 | 0.09 |
| Q4 FY26 | 1,754 | -5 | -0.7 |
| Q1 FY27 | 1,890 | 1.4 | 0.19 |
What history shows
BCEIE's records show 2 previous management change filings from the company since May 2026.
After those filings, the stock fell 3.0% on average the next trading day and was down 5.5% on average after five days (2 filings with price data).
Market-wide, 3,896 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Aug 2026 | Management change | +1.6% | −1.5% |
| 26 May 2026 | Management change | −7.5% | −9.4% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Popular Vehicles Commences Full-Scale B2B E-Commerce Operations Of Yanik Platform
- Popular Vehicles (NSE: PVSL): Q1 Profit After Acquisitions
- Popular Vehicles launches Yanik B2B auto parts platform
- Popular Vehicles & Services Limited announces Amicable Family Settlement
- Popular Vehicles: प्रमोटर फैमिली में हुआ बड़ा समझौता, मैनेजमेंट में होगा बदलाव
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.