Pursuant to the regulation 30 of SEBI (LODR) Regulation, 2015 we wish to inform you that the statutory auditors of Popular Mega Motors (India) Private Limited, wholly owned material subsidiary of the company, has tendered their resignation vide letter dated 03rd November, 2026, received by the Company on 04th November, 2026.

Popular Vehicles and Services Ltd Kuttukaran Centre Mamangalam, Kochi 682025 t 0484 2341134 e cs@popularv.com www.popularvehicles.in CIN L50102KL1983PLC003741 KERALA – GSTIN 32AABCP3805G1ZW TAMIL NADU- GSTIN 33AABCP3805G1ZU KARNATAKA - GSTIN 29AABCP3805G1ZJ TELANGANA - GSTIN 36AABCP3805G1ZO Ref No: PVSL/SEC/77/2026-27 Date: 04th November, 2026 To, To, BSE Limited (“BSE”), National Stock Exchange of India Limited Corporate Relationship Department, (“NSE”), 2nd Floor, New Trading Ring, Exchange Plaza, Plot No. C-1, Block G, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 544144 NSE Code: PVSL ISIN: INE772T01024 ISIN: INE772T01024 Dear Sir/Madam, Subject: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Resignation of Statutory Auditor of Popular Mega Motors (India) Private Limited, Wholly Owned Material Subsidiary of the Company. Pursuant to Regulation 30 read with Sub-para 7 and 7A of Para A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we wish to inform you that M/s R.G.N. Price & Co. Chartered Accountants (Firm Registration No. 002785S), Statutory Auditors of Popular Mega Motors (India) Private Limited (“PMMIL”), a Wholly owned Material Subsidiary of Popular Vehicles and Services Limited (“the Company” or “Parent Company”), have tendered their resignation from the position of Statutory Auditor vide their letter dated 03rd November, 2026, received by the Company on 04th November, 2026. Reason for resignation: ‘The resignation is made consequent to the rotation of statutory auditors of Popular Vehicles and Services Limited, which is the holding company of Popular Mega Motors (India) Private Limited, the management of the holding company proposes to align the statutory audit of Popular Mega Motors (India) Private Limited, being a material subsidiary company of the group, with that of the holding company.’ www.kuttukaran.in Popular Vehicles and Services Ltd Kuttukaran Centre Mamangalam, Kochi 682025 t 0484 2341134 e cs@popularv.com www.popularvehicles.in CIN L50102KL1983PLC003741 KERALA – GSTIN 32AABCP3805G1ZW TAMIL NADU- GSTIN 33AABCP3805G1ZU KARNATAKA - GSTIN 29AABCP3805G1ZJ TELANGANA - GSTIN 36AABCP3805G1ZO Please note that the resigning auditors have not raised any concern with respect to the management of the Company. Accordingly, no deliberation by the Audit Committee is required, and disclosure of the Audit Committee’s comments is not applicable in this case. The resignation letter and the detailed reason for resignation in the format specified in SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 are enclosed herewith. The above announcement shall also be available on the website of the Company at www.popularvehicles.in. We request you to kindly take the above information on record. Thanking You. Yours faithfully, For Popular Vehicles and Services Limited Varun T.V. Company Secretary & Compliance Officer Membership No: A22044 Place: Kochi www.kuttukaran.in