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    ISIN No INE772T01024 BSE Code / NSE Code 544144 / PVSL Book Value (Rs.) 0.00 Face Value 2.00
    Bookclosure 24/09/2024 52Week High 0 EPS 0.00 P/E 0.00
    Market Cap. 0.00 Cr. 52Week Low 0 P/BV / Div Yield (%) 0.00 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was originally incorporated as Popular Vehicles and Services Limited on July 5, 1983 at Kochi, Ernakulam, Kerala, India as a public limited company under the Companies Act, 1956 and received its certificate for commencement of business on July 14, 1983, issued by RoC. Our Company was converted to a private limited company pursuant to a special resolution passed by our Shareholders at the EGM held on December 29, 2014 and the name of our Company was changed to Popular Vehicles and Services Private Limited. A fresh certificate of incorporation consequent upon conversion of our Company to a private limited company was issued on March 24, 2015 by the RoC. Our Company was subsequently converted into a public limited company pursuant to a special resolution passed by our Shareholders at the EGM held on June 11, 2018 and the name of our Company was changed to Popular Vehicles and Services Limited. A fresh certificate of incorporation consequent upon conversion of our Company to a public limited company was issued on July 10, 2018 by the RoC.

    Major events and milestones:
    1984
    Our Company commenced automobile dealership business with setting up their first Maruti Suzuki showroom in Trivandrum, Kerala

    1997
    Our Subsidiary, PMMIL commenced its first dealership in Kerala for Tata commercial vehicles

    2002
    Our Company commenced the `Popular Motors' dealership in Chennai, Tamil Nadu, for Maruti Suzuki passenger vehicles

    2005
    Our Subsidiary, PADL commenced spare parts distribution business in Kerala

    2006
    Our Subsidiary, PMMIL commenced the `Popular Motors' dealership in Tamil Nadu for Tata Motors (Commercial) commercial vehicles

    2008
    Our step-down Subsidiary, VMPL commenced our `Vision Motors' dealership in Kottayam, Kerala for Honda passenger vehicles

    2015
    Investment by BanyanTree in our Company

    2021
    -Our Subsidiary, KGPL, entered into a dealership agreement with Piaggio Vehicles Private Limited to operate dealerships for three-wheeler electric vehicles in Ernakulam
    -Our Subsidiary, KCPL, entered into a letter of intent with Ather Energy Private Limited to operate the two-wheeler electric vehicles dealership in Trivandrum

    2022
    -Our Subsidiary KCPL, entered into a letter of intent with Ather Energy Private Limited to operate the two-wheeler electric vehicles dealership in Nagercoil, Tamil Nadu

    2023
    -Our step-down Subsidiary PMPL*, entered into a slump sale agreement to acquire BharatBenz dealership business in Maharashtra
    -Our Company received an in-principle approval for Maruti Suzuki dealership (Arena Channel) at Bangalore, Karnataka

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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