Meeting Details
The 42nd Annual General Meeting was held on Friday, 28th August, 2026 through video conferencing. The meeting commenced at 04:00 PM IST and concluded at 04:44 PM IST. E-voting remained open for 15 minutes after the meeting concluded, ending at 04:59 PM IST.
Attendance
- 59 members attended the meeting through video conferencing
- All seven directors of the company attended, including chairs of all committees (Audit, Nomination and Remuneration, Stakeholders Relationship, Risk Management, and Corporate Social Responsibility)
- Statutory Auditors, Incoming Statutory Auditors, Secretarial Auditor, and Scrutinizer attended the AGM
- Facility for appointment of proxies was not available as it was a virtual meeting
Resolutions Passed
Four resolutions were transacted through remote e-voting and voting at the AGM:
1. Adoption of Standalone Financial Statements for FY 2025-2026 together with Reports of Board of Directors and Auditors, and audited Consolidated Financial Statements for FY 2025-2026 with Auditors' Report
2. Re-appointment of Mr. John K. Paul (DIN: 00016513) as director who retires by rotation (Ordinary Resolution)
3. Appointment of M/s. MSKA & Associates LLP (formerly MSKA & Associates), Chartered Accountants (ICAI Firm Registration Number: 105047W / W101187) as Statutory Auditors for 5 years (Ordinary Resolution)
4. Appointment of Mr. Paul Francis Kuttukaran (DIN: 11727635) as a Non-Executive Non-Independent Director (Ordinary Resolution)
Voting Process
- Remote e-voting was conducted through MUFG Intime India Private Limited from Tuesday, August 25, 2026 (09:00 AM IST) to Thursday, August 27, 2026 (05:00 PM IST)
- Facility to vote at the meeting through electronic voting system was available for members who had not cast votes through remote e-voting
- Detailed voting results will be submitted to stock exchanges as per Regulation 44(3) of SEBI LODR Regulations
Shareholder Participation
- 4 speaker registration requests were received
- 3 speaker shareholders joined and raised queries during the meeting
- Managing Director Mr. Naveen Philip responded to all queries raised
Additional Information
- The proceedings of the 42nd AGM are available on the company's website at www.popularvehicles.in
- Mr. M.C. Sajumon, Practicing Company Secretary (Membership No. 9868) was appointed as scrutinizer for the e-voting process
- The meeting was deemed to be conducted at the Registered Office of the Company at Kuttukaran Centre Mamangalam, Kochi 682025