Popular vehicles & services Limited has fulfilled its regulatory compliance obligations by submitting the mandatory confirmation certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on 10th April, 2026.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates companies to submit quarterly confirmations regarding securities dematerialization and rematerialization activities. The document was signed by Varun T.V., Company Secretary and Compliance Officer (Membership No: A22044), from the company's registered office in Kochi.

RTA Confirmation and Key Findings

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, served as the Registrar and Transfer Agent for this compliance exercise. The RTA confirmed that all securities received from depository participants for dematerialization during Q4FY26 were properly processed according to prescribed timelines and regulatory requirements.

A significant highlight of the quarterly report was the confirmation that no demat/remat requests were received for processing during the quarter ended 31st March, 2026. This indicates:

• Stable shareholding patterns during Q4FY26
• No significant changes in investor preference between physical and electronic holdings
• Continued investor confidence in existing holding formats

Compliance Framework

The certificate confirms adherence to several critical regulatory requirements:

• Securities received for dematerialization were confirmed or rejected to depositories within prescribed timelines
• Security certificates received were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All listed securities maintained compliance with stock exchange requirements

The document was also copied to Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL), ensuring comprehensive regulatory notification across all relevant depositories and market infrastructure institutions.

Popular vehicles & services Limited has announced the extension of its credit ratings by CRISIL Ratings Limited, effective from 7th April, 2026. The development reflects the rating agency's continued confidence in the company's financial stability and creditworthiness.

Rating Extension Details

CRISIL Ratings Limited has extended both the long-term and short-term credit ratings for Popular Vehicles & Services Limited. The extension comes with enhanced credit facilities, indicating strengthened financial capacity.

Enhanced Credit Facilities

A significant aspect of this rating extension is the substantial increase in the total bank loan facilities covered under the rating. The enhancement demonstrates the company's expanded borrowing capacity and improved credit profile.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was communicated to both BSE Limited and National Stock Exchange of India Limited on 8th April, 2026.

The extended rating information is also available on CRISIL's official website, providing transparency for stakeholders and investors. This rating extension reinforces Popular Vehicles & Services Limited's financial standing and provides the company with enhanced credit facilities for its operational requirements.