Popular Vehicles and Services Limited — Updates, 21-11-2024: Press Release

Popular Vehicles & Services Limited's wholly-owned subsidiary, Prabal Motors Pvt. Limited, has inaugurated a modern 3S facility in Chhatrapati Sambhaji Nagar, Maharashtra, dedicated to Bharat Benz vehicles. This facility includes sales, service, and spare parts under one roof with six service bays that can handle 10 to 12 vehicles daily. This strategic location enhances customer service along the Dhule-Solapur highway and supports the company's expanded Commercial Vehicle offerings. This move is part of the company's plan to grow beyond its traditional Kerala market, leveraging strong OEM relationships to enhance customer value. Investors should note this expansion as a significant growth opportunity and a positive indication of the company's strategic direction.