BSECompany Update4d ago · 2 Nov 2026, 06:09 pm
Intimation of reaffirmed credit rating of Popular Vehicles and Services Limited.
Popular Vehicles and Services Ltd · 544144
✦ AI SummaryRating Change
Popular Vehicles and Services Ltd has announced that CRISIL Ratings Limited has reaffirmed its credit rating as long-term CRISIL A/Stable and short-term CRISIL A1, valid till 31st March, 2027, with an increase in total bank loan facilities from ₹ 643 Crore to ₹ 785 Crore.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Popular Vehicles and Services Ltd - 544144 - Announcement under Regulation 30 (LODR)-Credit Rating
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Popular Vehicles and Services Ltd
Kuttukaran Centre
Mamangalam, Kochi 682025
t 0484 2341134
e cs@popularv.com
www.popularvehicles.in
CIN L50102KL1983PLC003741
KERALA – GSTIN 32AABCP3805G1ZW
TAMIL NADU- GSTIN 33AABCP3805G1ZU
KARNATAKA - GSTIN 29AABCP3805G1ZJ
TELANGANA - GSTIN 36AABCP3805G1ZO
Ref: PVSL/SEC/74/2026-27
Date: 02nd November, 2026
To, To,
BSE Limited (“BSE”), National Stock Exchange of India Limited
Corporate Relationship Department, (“NSE”),
2nd Floor, New Trading Ring, Exchange Plaza, Plot No. C-1, Block G,
P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001. Mumbai – 400 051.
Scrip Code: 544144 NSE Code: PVSL
ISIN: INE772T01024 ISIN: INE772T01024
Dear Sir/Madam,
Sub: Intimation of credit rating under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 we hereby intimate that CRISIL RATINGS LIMITED, vide its intimation dated
02nd November, 2026, has:
a) Reaffirmed the credit rating of the Company as long-term rating of CRISIL A/Stable and the
short-term rating of CRISIL A1, to remain valid till 31st March, 2027. The amount of total
bank loan facilities rated has been increased from ₹ 643 Crore to ₹ 785 Crore;
www.kuttukaran.in
Popular Vehicles and Services Ltd
Kuttukaran Centre
Mamangalam, Kochi 682025
t 0484 2341134
e cs@popularv.com
www.popularvehicles.in
CIN L50102KL1983PLC003741
KERALA – GSTIN 32AABCP3805G1ZW
TAMIL NADU- GSTIN 33AABCP3805G1ZU
KARNATAKA - GSTIN 29AABCP3805G1ZJ
TELANGANA - GSTIN 36AABCP3805G1ZO
Please note that the extended rating of the Company is also availab le in the below cited Link:
https://www.crisilratings.com/en/home/our-business/ratings/company-factsheet.PVSL.html
We request you to kindly take the above information on record.
Thanking you,
Yours faithfully,
For Popular Vehicles and Services Limited
Varun T.V.
Company Secretary & Compliance Officer
Membership No: A22044
Place: Kochi
www.kuttukaran.in