Popular Vehicles and Services Limited (PVSL) — Announcement | 14 May 2026

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Popular Vehicles and Services Limited announced that CRISIL Ratings extended the long-term rating of A/Stable and short-term rating of A1 for its subsidiary Popular Mega Motors (India) Private Limited, keeping the rating valid until March 31, 2027. The rating applies to ₹235.55 crore of bank loan facilities across multiple banks including Kotak Mahindra, SBI, and ICICI. The company emphasized that ratings are under continuous surveillance and may be revised based on new information.

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About Popular Vehicles and Services Limited (PVSL)

Automobile and Auto Components · Automobiles · Listed on NSE

Market Cap: ₹721.95 Cr P/E: 28.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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