Manba Finance Limited has entered into a strategic partnership with Sreesastha (Nammaloan) to expand its vehicle-financing operations into South India. The partnership marks a significant step in the company's national growth strategy, initiating operations in Karnataka and Tamil Nadu within the current financial year. The companies have identified over 100 potential locations across these regions for progressive activation based on market readiness.

Partnership Highlights

The collaboration is underpinned by a leadership team bringing more than 100 years of combined experience in automobile lending, covering origination, credit, collections, and distribution. The partnership will launch Manba Finance's core product suite, including new and used two-wheeler loans, three-wheeler loans, and used car loans. The phased rollout prioritizes building a durable, well-underwritten book over rapid expansion.

Manba Finance's lending platform supports the expansion with in-principle approvals in as little as one minute and a fully digital, paperless customer journey. This capability aims to provide faster decisions and reduced friction for customers and dealer partners in the new markets.

Leadership Perspective

Manish Shah, Managing Director of Manba Finance Limited, emphasized the strategic value of the partnership, noting that the local team's experience combined with Manba's technology provides confidence for the expansion. Monil Shah, Chief Business Officer & Executive Director, highlighted the disciplined approach to building the business state by state. V Gopalakrishnan, Director of Sreesastha Ins-Corp Advisory Private Ltd (Nammaloan), expressed confidence that the tie-up would accelerate high-quality disbursements while upholding service standards.

Company Overview

As of 31 March 2026, Manba Finance reported Assets Under Management (AUM) of over ₹1,700 crore, with a presence across 6 states and 130+ locations. The company serves a network of 1,500+ dealer points supported by 1,800+ employees. The following table summarizes the key details of the partnership and the company's current scale:

Manba Finance Limited held one-on-one meetings with analysts and investors on June 16, 2026. The management engaged with representatives from three institutions, including SageOne Investment Managers LLP, Ashika Investment Managers Pvt. Ltd, and ICICI Prudential Mutual Fund.

The company confirmed that only information already available in the public domain was discussed during these interactions. Manba Finance clarified that no unpublished price sensitive information pertaining to the company was shared with the analysts or investors.

This intimation was submitted to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Bhavisha Ashish Jain, Company Secretary & Compliance Officer of Manba Finance Limited.