Popular Vehicles and Services Limited said John Kuttukaran Paul has resigned from his post as Whole-Time Director, effective 8 October 2026, in what it described as part of a promoter family settlement. The move signals a leadership transition at the Kochi‑based group, which operates across multiple states and runs a diversified portfolio in the automotive space.
The company noted that the resignation is tied to the promoter family settlement and that the accompanying communication includes the reasons for stepping down as provided by the retiring director. The resignation is effective immediately, and the company’s secretary and compliance officer is listed as the signatory in the correspondence.
With no immediate successor announced, questions loom over how PVSL will steward its strategy and governance in the near term. Observers will be watching for announcements on leadership realignment, interim arrangements, and the board’s approach to sustaining momentum across the company’s operations as the promoter-led transition unfolds.