Manba Finance sets record date for first interim dividend in FY27

1 min read     Updated on 27 Jul 2026, 03:13 PM
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Reviewed by
Suketu GScanX News Team
AI Summary

Manba Finance Limited has declared its first interim dividend for FY27, with a record date of August 07, 2026. The Board approved the payout on July 27, 2026. Shareholders holding equity shares on the record date will be eligible for the dividend, as notified to NSE and BSE.

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Manba Finance Limited has fixed August 07, 2026, as the record date to determine shareholder eligibility for its first interim dividend for the financial year 2026-27. The company’s Board of Directors approved the dividend declaration during a meeting held on July 27, 2026. Investors holding equity shares on the record date will receive the dividend entitlement, marking a key distribution event for FY27.

The announcement was communicated to both the National Stock Exchange of India Ltd. and BSE Limited on July 27, 2026. The filing specifies that the dividend applies to equity shares with a paid-up value of ₹50,23,94,100, corresponding to ₹10 per equity share. The record date is scheduled for Friday, August 07, 2026.

Dividend Details

The following table outlines the key parameters for the dividend entitlement:

Security Code Type of Security Record Date Purpose
BSE: 544262
NSE: MANBA
Equity Shares (₹10 per share) August 07, 2026 First interim dividend for FY27

Corporate Governance and Compliance

Bhavisha Jain, Company Secretary and Compliance Officer at Manba Finance Limited, signed the communication to the exchanges. The filing also included copies to the company’s debenture trustees: Vardhman Trusteeship Pvt Ltd. and SBICAP Trustee Company Limited. This ensures all relevant stakeholders are informed of the corporate action affecting shareholders.

What This Means for Investors

For investors, the record date is critical. Only those who hold the company’s equity shares in their demat accounts by the close of business on August 07, 2026, will be entitled to receive the first interim dividend for FY27. The declaration reflects the Board’s decision to distribute profits to shareholders during this financial period.

Historical Stock Returns for Manba Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+5.90%+7.00%+11.11%+12.27%+6.36%-3.86%

What is the specific dividend payout amount per share, and how does this yield compare to Manba Finance's historical distribution patterns?

How might the cash outflow from this interim dividend impact Manba Finance's liquidity position and future capital allocation strategies for FY27?

Are there any upcoming corporate actions or earnings reports scheduled shortly after the record date that could influence investor sentiment?

Manba Finance launches battery replacement loans for electric three-wheelers

1 min read     Updated on 22 Jul 2026, 10:33 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Manba Finance Limited has introduced a dedicated Battery Replacement Financing product for electric three-wheeler owner-operators, providing small-ticket, short-tenure loans for lithium-ion batteries and charger kits sourced from certified OEMs. The technology-led offering features digital onboarding, e-mandate repayments, and IoT-enabled batteries, with a phased rollout beginning with existing customers before a broader market expansion.

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Manba Finance Limited has launched a dedicated loan product to finance the replacement of lithium-ion batteries for electric three-wheelers, addressing a critical expense for e-rickshaw and e-cart owner-operators. The new Battery Replacement Financing offering is designed to provide small-ticket, short-tenure loans that align with the earning cycles of drivers, ensuring they can replace batteries without disrupting their livelihoods. The lithium-ion battery typically represents the single largest recurring cost for these vehicle owners, with a working life shorter than the vehicle itself.

The product features purpose-built financing for replacement batteries and charger kits, sourced exclusively from empaneled, quality-certified original equipment manufacturers (OEMs) that offer warranty and service-network support. The process is technology-led, incorporating digital onboarding, e-mandate-based repayments, and IoT-enabled batteries. Manba Finance will initiate a phased rollout starting with its existing electric three-wheeler customer base, followed by a wider market launch in due course.

Key Highlights of the Offering

The following table outlines the core features of the Battery Replacement Financing product:

Feature: Description
Purpose: Financing for replacement lithium-ion batteries (with charger kits) for electric three-wheelers.
Loan Structure: Small-ticket, short-tenure loans designed around the earning cycle of e-3W owner-operators.
Sourcing: Batteries sourced only from empaneled, quality-certified OEMs with warranty and service-network support.
Process: Technology-led process — digital onboarding, e-mandate-based repayments, and IoT-enabled batteries.
Rollout: Phased rollout, beginning with Manba's existing electric three-wheeler customer base, followed by a wider market rollout.

Strategic Rationale

Manish Shah, Managing Director of Manba Finance Limited, stated that the product is a natural extension of the company's vehicle finance franchise. He emphasized that battery replacement financing protects customers' livelihoods, strengthens the existing portfolio, and positions Manba deeper within the electric vehicle ecosystem. The strategy involves starting with existing customers before scaling the product to the wider market in a calibrated manner.

The launch aligns with Manba Finance's strategy to build products around the full lifecycle of the vehicles and customers it finances. With India's electric three-wheeler segment leading EV adoption, battery replacement represents a large, recurring, and underserved financing need. The company aims to address this gap using its branch network, dealer relationships, and understanding of the last-mile mobility customer. The product will be rolled out across select locations within Manba's existing footprint, with expansion linked to portfolio performance and market response.

Historical Stock Returns for Manba Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+5.90%+7.00%+11.11%+12.27%+6.36%-3.86%

How will Manba Finance manage the potential risk of battery asset depreciation given the rapid pace of technological advancements in lithium-ion storage?

Could this battery replacement model be expanded to finance other EV segments, such as two-wheelers or commercial four-wheelers, in the future?

What impact will the integration of IoT-enabled batteries have on Manba Finance's ability to predict default rates and manage collections?

More News on Manba Finance

1 Year Returns:+6.36%