Shalibhadra Finance expands further into Gujarat with new branch in Lunawada

Shalibhadra Finance Limited, a leading financial services provider, proudly announces the inauguration of its latest branch in Lunawada, the district headquarters of Mahisagar District, Gujarat.

This new branch strengthens Shalibhadra Finance's presence in Gujarat, particularly in rural areas, where the company's expertise in financing agricultural and allied activities aligns with the local economy. With successful operations already established in the neighbouring districts of Kheda, Panchmahal, and Dahod, the Lunawada branch is poised to serve all six talukas of Mahisagar District, having a population of approximately 10 lakh residents.

The Lunawada branch will initially focus on providing finance for both new and used two-wheelers, along with offering personal loans specifically designed for rural customers. This expansion further supports the company's mission to bridge financial inclusion gaps in the rural heartland of Gujarat.

Mr. Minesh Doshi, Managing Director of Shalibhadra Finance, commented on the new launch: "Opening a branch in Lunawada aligns with our broader strategy of expanding our reach across Gujarat and strengthening our presence in agriculture-driven regions. Our ability to cater to the financial needs of the local population, particularly through two-wheeler loans and personal loans, reflects our commitment to empowering rural communities."

Shares of SHALIBHADRA FINANCE LTD. was last trading in BSE at Rs. 765.15 as compared to the previous close of Rs. 752.15. The total number of shares traded during the day was 13432 in over 102 trades.

The stock hit an intraday high of Rs. 771.00 and intraday low of 750.05. The net turnover during the day was Rs. 10245920.00.

Source : Equity Bulls

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