Popular Vehicles and Services Limited — Important, 17-12-2024: General Updates

Mr. Biju Jose Thomas, the Chief Executive Officer of Vision Motors Private Limited, has submitted his resignation effective from January 18, 2025, due to personal reasons. His departure marks a significant change for the step-down subsidiary of Popular Vehicles and Services Ltd. Thomas has expressed gratitude for the support received during his tenure and is committed to ensuring a smooth transition during this period. The company will need to manage this leadership change effectively to maintain operational stability, and investors should watch closely for updates on leadership succession and strategic initiatives following this transition.