Popular Vehicles and Services Ltd Receives Rating Extension from CRISIL
Popular Vehicles and Services Ltd announced an extension of its credit rating following an intimation from CRISIL RATINGS LIMITED. The rating extension details reflect specific changes in the company's total bank loan facilities.On April 7, 2026, CRISIL RATINGS LIMITED provided an intimation confirming the following ratings status for Popular Vehicles and Services Ltd. The long-term rating has been extended to CRISIL A/Stable, and the short-term rating remains at CRISIL A1. These ratings are valid until March 31, 2027.
The intimation also detailed an increase in the total bank loan facilities rated. The amount has been raised from ₹ 468 Crore to ₹ 643 Crore.
The details of the rating extension and the increased facility amount are summarized below:
| Rating Type | New Status | Validity Until |
|---|---|---|
| Long-Term Rating | CRISIL A/Stable | March 31, 2027 |
| Short-Term Rating | CRISIL A1 | March 31, 2027 |
The company issued the details regarding the rating extension on April 8, 2026.
PVSL Stock Price Movement
Popular Vehicles and Services Limited shares slipped by 0.92% today, settling at ₹95.33 after post-market trading. The stock saw activity today, recording a total traded volume of 107,099 shares.Source:
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