Popular Vehicles and Services Limited — Important, 01-07-2025: General Updates

Popular Vehicles and Services Ltd has announced a CRISIL rating reaffirmation for its material subsidiary, Popular Mega Motors (India) Pvt Ltd. The long-term rating remains at CRISIL A/Stable and the short-term rating at CRISIL A1 for ₹235.70 Crore bank loan facilities. This reflects stable creditworthiness without changes to the company's borrowing profile.