Popular Vehicles and Services Limited — Important, 08-10-2025: Disclosure of material issue

Popular Vehicles & Services (PVSL) Board has approved key strategic moves for growth.

**The core announcement:** PVSL is acquiring the business of R.K.S. Motor Private Limited, a Maruti Suzuki dealer operating in Telangana, via a slump sale for a cash consideration of up to Rs. 93 Cr. R.K.S. Motor reported a turnover of Rs. 492.90 Cr in FY25 and had a net worth of Rs. 37.40 Cr. Its past turnovers were Rs. 646.33 Cr (FY23) and Rs. 697.10 Cr (FY24).

**Additional strategic initiatives include:**

* Incorporating a new step-down subsidiary to launch an e-commerce platform for auto spare parts and accessories.

* Evaluating opportunities to add another luxury dealership brand to its portfolio.

**Investor Impact:** These actions signal PVSL's aggressive expansion strategy, aiming to grow its geographical footprint into a new state, enhance its digital presence in the auto parts market, and potentially enter the high-margin luxury vehicle segment. This multi-pronged approach could drive significant future revenue and market share growth for the company. #AutoSector #PVSL #Growth