Manba Finance Ltd expands Strategic Partnerships to Drive EV Adoption and Rural Financing

Manba Finance Limited, a leading listed non-banking financial company (NBFC), has announced strategic partnerships with AMU Leasing Pvt. Ltd. and BRMP Leasing & Finance Private Limited (operating under the brand "SHFIN") to strengthen its presence across electric mobility and rural financing segments.

Through its collaboration with AMU Leasing, a Gurugram-based NBFC focused on electric mobility financing, Manba Finance will support financing of electric threewheelers and other commercial EVs across Uttar Pradesh and Madhya Pradesh. The partnership aims to improve credit access for driver-owners, MSMEs, and first-time borrowers, while enabling faster disbursements and simplified loan processes-accelerating the adoption of clean, zero-emission mobility.

In parallel, Manba Finance has partnered with SHFIN to expand two-wheeler financing solutions in the Vidarbha region of Maharashtra, with a focus on improving access to transparent and technology-driven financial solutions in underserved rural and semiurban markets.

Commenting on the partnerships, Mr. Manish Shah, Managing Director - Manba Finance Limited, said: "These collaborations reflect our commitment to building a future-ready and inclusive lending ecosystem. While our partnership with AMU Leasing supports India's transition towards sustainable mobility, our association with SHFIN enables us to deepen our reach in rural Bharat. Together, we aim to empower communities and drive meaningful financial inclusion."

Ms. Nehal Gupta, Managing Director - AMU Leasing Pvt. Ltd., said: "This collaboration is a step forward in our mission to make sustainable mobility accessible to all. By joining hands with Manba Finance, we are strengthening our ability to create impact at scale-driving financial inclusion while supporting India's transition to clean transportation."

Mr. Gurinder Singh Sehmbey, CEO - SHFIN, added: "We are pleased to partner with Manba Finance Limited in a collaboration that marks a significant step in our growth journey. This partnership will enable us to deepen our reach in underserved markets and empower communities through reliable and responsible financial services."

Shares of Manba Finance Limited was last trading in BSE at Rs. 118.20 as compared to the previous close of Rs. 115.85. The total number of shares traded during the day was 3504 in over 279 trades.

The stock hit an intraday high of Rs. 119.90 and intraday low of 113.75. The net turnover during the day was Rs. 410685.00.

Source : Equity Bulls

Keywords

ManbaFinance INE939X01013 NBFC StrategicPartnerships