With reference to intimation dated 24th December, 2025 and pursuant to Regulation 30 read with Para A of Part A of Schedule III and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Popular Vehicles and Services has informed that Imperion Cars, a 100% subsidiary of our wholly-owned material subsidiary - Popular Mega Motors (India) has entered into an Asset Purchase Agreement (‘agreement’) with ‘Olympus Motors Private Limited’ today, i.e., 31st December, 2025 for purchasing and acquiring on a going concern and asset by asset basis the assets used in or related to the operations of the business (Audi Dealerships) subject to the terms and conditions as stated in the agreement. The details and disclosures as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is provided in Annexure A to this intimation. The above announcement shall be available on the website of the Company at www.popularmaruti.com.
The above information is a part of company’s filings submitted to BSE.
