Looks to be the voice-coil, no doubts. Bad luck. Have to replace with a new driver here. Anyway, do keep in mind checking on your amplifier too while you get along with the replacement. Without speaker protection built-in the amplifier, instances of DC finding a way to the speakers is quite common for this issue. Good to be prepared for the future.
Maybe you are right, everytime i turn on the amp speakers make a pop sound. However given reputation of AP and Shiva, not sure how likely the amp has issue. Will speak to Shiva on it.
Thanks