Popular Vehicles and Services credit rating reaffirmed by CRISIL

Popular Vehicles and Services Limited has informed the stock exchanges about the reaffirmation of its credit ratings by CRISIL Limited, as per an intimation dated October 23, 2025. The company's long-term rating has been re-affirmed at CRISIL A/Stable, while its short-term rating stands at CRISIL A1. These ratings apply to the company's outstanding ₹468 Crore bank loan facilities.

This announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed reaffirmed rating information is accessible on the CRISIL Ratings website.

Varun T.V., company secretary & compliance officer, digitally signed the intimation on October 23, 2025, from Kochi, confirming that the information should be placed on record by both BSE Limited and the National Stock Exchange of India Limited.