News

The distributorship covers BKT’s 2-wheeler and PCR segment, which forms part of their new & upcoming product verticals

The LoIs enables the company to take over the business of existing AUDI dealer in these states

The total investment for setting up the workshop is estimated at approximately Rs 2 crore

The Board of Directors of the company at its meeting held on October 8, 2025, has approved the same

With this strategic expansion, PVSL extends its geographic presence with its key OEM partner, further strengthening its non-Kerala portfolio

The acquisition includes the transfer of entire business units, including the new vehicle inventory, assets and manpower strength for a consideration of Rs 12 crore

The service centre will feature 5 bays, with the capacity to service around 550 vehicles per month

Operations are expected to commence by the first week of September this year

With a total of 32 service bays, the facilities represent a cumulative investment of approximately Rs 13 crore

The company has received a Letter of Intent to establish a new independent True Value outlet for preowned vehicles in Bangalore, Karnataka

Maharashtra will be the third state in this growing network

Bangalore is a key market for both new and pre-owned cars, driven by its strong economy and increasing demand for passenger vehicles

This facility will include an Experience Centre, Service Centre and Warehouse

This new facility will complement the existing NEXA Studio at Kanjirappally

The equity shares of the company will be listed on the BSE and NSE