Popular Vehicles and Services Ltd

Popular Vehicles Backs Subsidiary with ₹5 Crore Guarantee 🔄

- Corporate guarantee extended to Tata Capital Limited for a Channel Finance Facility.

- Guarantee amount: ₹5,00,00,000 (Five Crores).

- Beneficiary: Popular Mega Motors (India) Private Limited (wholly owned subsidiary).

- Arm’s length transaction—no promoter/director interests involved.

- No immediate financial impact beyond disclosure in statements.