Popular Vehicles and Services Ltd disclosed renewal of corporate guarantees totalling ₹29.5 crore under SEBI Regulation 30.
Guarantees cover subsidiaries Prabal Motors Pvt Ltd (₹24.5 Cr) and Popular Mega Motors India Pvt Ltd (₹5 Cr) via Sundaram Finance and IndusInd Bank.
Company states no financial impact beyond financial statement disclosure; transactions conducted at arm's length with no promoter interest.