POPULAR VEHICLES N SER L Share price

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:1984Our Company commenced automobile dealership business with setting up their first Maruti Suzuki showroom in Trivandrum Kerala1997Our Subsidiary PMMIL commenced its first dealership in Kerala for Tata commercial vehicles2002Our Company commenced the ‘Popular Motors’ dealership in Chennai Tamil Nadu for Maruti Suzuki passenger vehicles2005Our Subsidiary PADL commenced spare parts distribution business in Kerala2006Our Subsidiary PMMIL commenced the ‘Popular Motors’ dealership in Tamil Nadu for Tata Motors (Commercial) commercial vehicles2008Our step-down Subsidiary VMPL commenced our ‘Vision Motors’ dealership in Kottayam Kerala for Honda passenger vehicles2015Investment by BanyanTree in our Company2021-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 Trivandrum2022-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 Nadu2023-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