Moongipa Capital Finance Limited has entered into strategic business arrangements with Zuperia Auto Private Limited and SMV Green Solutions Private Limited to provide financing solutions for electric vehicle (EV) purchases. The partnerships, disclosed on July 27, 2026, are designed to expand Moongipa Capital Finance Ltd 's retail lending business by offering loan facilities to eligible customers through the authorized dealer networks of these manufacturers. This move targets growth in the EV financing segment, enhancing customer reach and supporting the expansion of the company's retail loan portfolio.

The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the arrangements were entered into in the ordinary course of business. Loans will be extended subject to Moongipa Capital Finance's internal credit appraisal policies and applicable regulatory requirements. Management believes these strategic ties will strengthen its presence in the EV financing sector.

Partnership Details

The strategic arrangements involve two key partners in the electric mobility space:

Both entities will serve as channels for customer acquisition, allowing Moongipa Capital Finance to offer loan facilities directly at the point of sale through their respective dealer networks.

Corporate Governance and Compliance

Moongipa Capital Finance confirmed that none of the promoters, promoter group, or group companies have any interest in these arrangements. Consequently, the transactions are not classified as related party transactions under applicable regulations. The disclosure was signed by Sonia, the Company Secretary and Compliance Officer, on July 27, 2026.

Strategic Implications

The entry into EV financing marks a sector-specific expansion for Moongipa Capital Finance, aligning its retail lending portfolio with the growing demand for electric mobility infrastructure. By leveraging the established dealer networks of Zuperia Auto and SMV Green Solutions, the company aims to streamline customer acquisition while adhering to strict internal credit standards. This strategy allows for targeted growth in a high-potential segment without requiring direct capital expenditure on dealership infrastructure.

Moongipa Capital Finance Ltd has strengthened its senior leadership by appointing Manish Sinha as Chief Business Officer (Senior Management) effective July 21, 2026. The decision, taken by the Board of Directors during its meeting on July 21, 2026, is aimed at driving the company's business growth, strategic initiatives, and business development functions.

The appointment follows the recommendation of the Nomination and Remuneration Committee. The company informed the BSE Limited regarding the appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted by Dr. Pooja Jain, Wholetime Director of the company.

Manish Sinha is a techno-functional professional with more than two decades of experience in the Banking, Financial Services and Insurance (BFSI) sector. His specialization includes lending operations, process excellence, compliance, people management, and technology-driven process automation. His expertise covers Operational Risk Management (ORM), formulation of collection strategies, and the design and implementation of Loan Management Systems (LMS).

Prior to this role, Sinha held leadership positions in Banking and Disbursement Operations with several financial institutions including Credit Wise Capital, Hero FinCorp, Religare Finvest Limited, Adventity Financial Services Private Limited, Centurion Bank, HDFC Bank, and Bajaj Auto Finance. He has handled a diverse range of lending products such as Loan Against Securities (LAS), IPO Funding, ESOP Financing, and Auto Loans, among others.

Sinha is a Certified Internal Auditor for Quality Management Systems (ISO 9001:2008) accredited by the British Standards Institution (BSI) and a trained Project Management Professional (PMP). He has also managed treasury operations involving borrowing instruments like Commercial Papers (CPs), Debentures, Inter-Corporate Deposits (ICDs), and Bank Loans.