Outcome of Board Meeting

Popular Vehicles and Services Ltd Popular Vehicles Kuttukaran Centre & Services Mamangalam, Kochi 682025 t0484 2341134 ecs@popularv.com www.popularvehicles.in CINL50102KL1983PLC003741 KERALA –GSTIN32AABCP3805G1ZW TAMIL NADU-GSTIN33AABCP3805G1ZU KARNATAKA -GSTIN29AABCP3805G1ZJ TELANGANA -GSTIN36AABCP3805G1ZO Ref: PVSL/SEC/80/2026-27 Date: 11th 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, Mumbai –400 001. Bandra (East), Mumbai –400 051. Scrip Code: 544144 NSE Code: PVSL ISIN: INE772T01024 ISIN: INE772T01024 DearSir/Madam, Sub: Outcome of the Board Meeting held on Wednesday, 11thNovember, 2026 Pursuant to Regulation 30 read with Para A of Part A of Schedule III, Regulation 33 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby intimated that the Board of Directors at its meeting held on Wednesday, 11th November, 2026, has approved, inter alia, the following business(es): 1. The unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026, together with the Limited Review Report (standalone and consolidated) thereon, on the recommendation of the Audit Committee. The financial results, signed by the Managing Director, and the Limited Review Report of the Statutory Auditors thereon are enclosed herewith. The above announcements shall also be available on the website of the Company at www.popularvehicles.in. The meeting of the Board of Directors commenced at 03.00 PM and concluded at 05.00 PM. www.kuttukaran.in journeys with you Popular Vehicles and Services Ltd Popular Vehicles Kuttukaran Centre a Services Mamangalam, Kochi 682025 t0484 2341134 ecs@popularv.com www.popularvehicles.in CINL50102KL1983PLC003741 KERALA –GSTIN32AABCP3805G1ZW TAMIL NADU-GSTIN33AABCP3805G1ZU KARNATAKA -GSTIN29AABCP3805G1ZJ TELANGANA -GSTIN36AABCP3805G1ZO This disclosure complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Kindly take the same into your records. Thanking you, Yours faithfully, For Popular Vehicles and Services Limited Varun T.V. Company Secretary & Compliance Officer Membership No: A22044 Place: Bangalore www.kuttukaran.in journeys with you : 14tFh l , Level 14-B, Ni Mall Q1 (Formerly known as MS KA & Assoc;i ates) Veennnanlaa, lKaKo,oc nci h6i8 202. I8N, DIA Chartered Accountants Independent Auditor’s Review Report on unaudited standalone financial results of Popular Vehicles and Services Limited for the quarter and six months period ended 30 September 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Popular Vehicles and Services Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Popular Vehicles and Services Limited (hereinafter referred to as ‘the Company’) for the quarter and six months period ended 30 September 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulations’). 2. This Statement, which is the responsibility of the Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, (‘Ind AS 34’) prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) read with relevant rules issued thereunder and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India : 14th Floor, Level 14-B, Nippon Mall Q1 Ernakul B , Service Road E Chartered Accountants 5. Thes tandalonfein ancialr esultso f the Companfyo r the quartere nded3 0S eptembe2r0 25a ndt he yea-rt o- date results for the period from 01 April 2025 to 30 September 2025 and quarter ended 30 June 2026 were reviewed by predecessor auditor whose report dated 10 November 2025 and 11 August 2026, respectively expressed an unmodified conclusion on those results. The standalone financial statements of the Company for the year ended 31 March 2026 were audited by predecessor auditor whose report dated 26 May 2026 expressed an unmodified opinion on those financial statements. Our conclusion is not modified in respect of the above matter. For MS KA & Associates LLP (Formerly known as M S K A & Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 Geetha Jeyakumar Partner Membership No.:029409 UDIN: 26029409KISSNS8292 Place: Bengaluru Date: 11 November 2026 Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Regd. Office: Kuttukaran Centre. Mamangalam, Cochin, Emakulam 682 025, Kerala, India CIN:L 50102KL1983PLC00W37e4b1s,i tew: wwp opularmarut.coEmm,a ilI D: cs@populacorvm T, elephon+e9: 14 842 341134 Statement of unaudited standalone financial results for the quarter and six months period ended 30 September 2026 — - — - oe — ee _ ee ___ (All amountsin Indian Rupeesm illion excepte amingsp er sh; i a ms Quarter ended oe - Six months period ended Year ended Se.N olParticalars 30S eptemb2e0r 26 30J une2 026 3S0e ptember 2025 30S eptemb2e0r 26 30S eptemb2e0r 25 31M arch2 026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited “1|Income y Revenufero mo perations 10.42545 9,270.79 7,126.11 19,695.34 12,536.93 28,750 Otheri ncome(R efern ote6 ) 86.44 107.91 47.21 / 194.35 96.47 190 ___|_ T otailn com(e1 ) _ | 10,510.99 9,378.|7 0 7A73.|32 19,889.69 12,633.40 28,941. 2| Expenses Purchasoefs s tock-in-trade 10,072.87 8,494.97 6,347.08 18,567.84 10,937.22 23,608 Changeisn inventorieosf stock-in-trade (1,128.77) (614.03) (337.33) (1,742.80) (518.37) S71. Employeeb enefitse xpense 7363 2 702.82 569.5 [Showing first 8,000 characters — download PDF for full document]