Change in Auditors

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/52/2026-27 Date: 28th August 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: Appointment of Statutory Auditor Pursuant to Regulation 30, read with clause 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby intimated that the Shareholders have approved via an ordinary resolution passed at the 42nd Annual General Meeting (AGM) of the Company held today, Friday, 28th August, 2026, the appointment of M/s. MSKA & Associates LLP (Formerly known as MSKA & Associates), Chartered Accountants (ICAI Firm Registration Number: 105047W / W101187), with peer review certificate number 016966, as the statutory auditors of the Company, who shall hold office for a term of five consecutive, years from the conclusion of the 42nd Annual General Meeting till the conclusion of the 47th Annual General Meeting of the Company to be held in the financial year 2031-32 at a remuneration to be fixed by the Audit Committee and Board of Directors of the 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 The additional information as required pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, last updated on January 30, 2026, is enclosed as Annexure A. The above announcement shall also be available on the website of the Company at www.popularvehicles.in. Submitted for your information and records. 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 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 Annexure A Additional details as required under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, issued on 11th July, 2023 and last updated on 30th January, 2026. Appointment of M/s. MSKA & Associates LLP as the Statutory Auditor of the Company Sl. Particulars Description 1. Name of Auditor M/s. MSKA & Associates LLP (Formerly known as MSKA & Associates), Chartered Accountants (ICAI Firm Registration Number: 105047W / W101187), with peer review certificate number 016966 2. Reason for change Expiry of term of the existing auditor as provided under Section 139(2) of the Companies Act, 2013. 3. Date of appointment/ 28th August 2026. cessation & term of The Members approved the appointment of M/s. MSKA & Associates LLP appointment as the statutory auditors of the Company to hold office for a term of 5 (five) consecutive years i.e. from the conclusion of the 42nd Annual General Meeting (“AGM”) of the Company till the conclusion of 47th Annual General Meeting to be held in the Financial Year 2031-32. 4. Brief Profile M/s. MSKA & Associates LLP, Chartered Accountants (ICAI Firm Registration No. 105047W/W101187) is an Indian limited liability partnership firm registered with the Institute of Chartered Accountants of India (ICAI) and the PCAOB (US Public Company Accounting Oversight Board). The firm is a member firm of BDO International. The firm operates from its Kochi office located at 14th Floor, Level 14-B, Nippon Mall Q1, Ernakulam Bypass, Service Road East, Vennala, Kochi – 682028. It offers a wide spectrum of Audit, Assurance, Tax, and Advisory 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 services and possesses extensive audi t experience in major listed corporate entities, particularly within the autom obile sector. The firm maintains strong quality co ntrol standards and is regularly peer- reviewed by the ICAI (Latest being peer review certificate number 016966, valid till 31st July 2027). The firm has communicated its eligibility, independence, and consent to act as Statutory Auditors under Sections 139 and 141 of the Companies Act, 2013. 5. Disclosure of Not Applicable relationships between directors www.kuttukaran.in