Popular Vehicles and Services Limited — Others, 05-07-2025: Shareholders meeting

Popular Vehicles and Services Ltd has announced the successful approval of special resolutions to disinvest its shareholdings in Vision Motors Private Limited and Kuttukaran Green Private Limited through a postal ballot conducted via remote e-voting. The resolutions received overwhelming support, with over 99.9% of valid votes in favor. This strategic move to divest these stakes indicates a possible focus on core business areas or reallocation of capital, which may impact the company’s operational priorities and shareholder value going forward.