Popular Vehicles and Services Limited conducted its 42nd Annual General Meeting (AGM) on 28th August 2026. The company provided remote e-voting facility to shareholders from 25th August 2026 (9:00 AM) to 27th August 2026 (5:00 PM), with the cut-off date for determining voting rights being 21st August 2026.

Mr. Myladoor Cherian Sajumon, Practising Company Secretary (Membership No: A9868), was appointed as the Scrutinizer for both remote e-voting and e-voting at the AGM. The scrutinizer's report confirms that all four resolutions proposed in the notice dated 26th May 2026 were approved by shareholders with requisite majority.

Voting Participation Details

  • Total number of shareholders on record date: 56,571
  • Promoters and Promoter Group shareholders attending meeting: 3
  • Public shareholders attending meeting: 56
  • Total outstanding shares: 71,198,198
  • Total votes polled: 57,679,326 shares (81.0123% of outstanding shares)

Resolution-wise Voting Results

Agenda Item 1: Adoption of Financial Statements

  • Resolution Type: Ordinary Resolution
  • Promoter interest: No
  • Total votes in favor: 57,679,116 (99.9996%)
  • Votes against: 210 (0.0004%)
  • Promoter voting: 43,568,159 shares voted (99.6890% of promoter holding), 100% in favor
  • Public Institutions: 6,944,720 shares voted (96.4319% of institution holding), 100% in favor
  • Public Non-Institutions: 7,166,447 shares voted (35.3159% of non-institution holding), 99.9971% in favor

Agenda Item 2: Re-appointment of Mr. John K. Paul (DIN: 00016513)

  • Resolution Type: Ordinary Resolution
  • Promoter interest: Yes
  • Total votes in favor: 57,678,917 (99.9993%)
  • Votes against: 410 (0.0007%)
  • Promoter voting: 43,568,159 shares voted, 100% in favor
  • Public Institutions: 6,944,720 shares voted, 100% in favor
  • Public Non-Institutions: 7,166,448 shares voted, 99.9943% in favor

Agenda Item 3: Appointment of MSKA & Associates LLP as Statutory Auditors

  • Resolution Type: Ordinary Resolution
  • ICAI Firm Registration Number: 105047W / W101187
  • Term: 5 years
  • Promoter interest: No
  • Total votes in favor: 57,678,871 (99.9992%)
  • Votes against: 457 (0.0008%)
  • Promoter voting: 43,568,159 shares voted, 100% in favor
  • Public Institutions: 6,944,720 shares voted, 100% in favor
  • Public Non-Institutions: 7,166,449 shares voted, 99.9936% in favor

Agenda Item 4: Appointment of Mr. Paul Francis Kuttukaran (DIN: 11727635) as Non-Executive, Non-Independent Director

  • Resolution Type: Ordinary Resolution
  • Promoter interest: Yes
  • Total votes in favor: 57,678,919 (99.9993%)
  • Votes against: 410 (0.0007%)
  • Promoter voting: 43,568,159 shares voted, 100% in favor
  • Public Institutions: 6,944,720 shares voted, 100% in favor
  • Public Non-Institutions: 7,166,450 shares voted, 99.9943% in favor

Scrutinizer's Report Details

The scrutinizer's report provides additional breakdown of voting by method:

  • Remote e-voting: 120 members voted 50,734,396 shares (87.95% of total votes)
  • E-voting at AGM: 7 members voted 6,944,720 shares (12.04% of total votes)
  • Total members voting: 127

The report confirms that all relevant voting records will be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.