Mantra Capital Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, fulfilling mandatory regulatory requirements under SEBI depositories regulations.

Regulatory Compliance Filing

The company submitted the certificate on April 09, 2026, in accordance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The filing was made by Puspraj Pandey, Company Secretary and Compliance Officer, who holds ICSI Membership No. A38542.

Certificate Confirmation

The compliance certificate was issued by Bigshare Services Pvt Ltd, which serves as the Registrar to an Issue and Share Transfer Agent for Mantra Capital Limited. The certificate, dated April 06, 2026, confirms that all securities received from depository participants for dematerialization up to March 31, 2026, were properly processed.

Regulatory Adherence

Bigshare Services confirmed that security certificates received for dematerialization have been mutilated and cancelled after due verification by the depository participant. The certificate also confirms that the names of the depositories have been substituted in the register of members as registered owners within the stipulated 15-day period of receipt of certificate of securities.

The filing demonstrates the company's commitment to maintaining compliance with SEBI regulations governing depositories and participants, ensuring proper handling of dematerialization processes and adherence to prescribed timelines for regulatory procedures.

Mantra Capital Limited has completed the allotment of equity shares and warrants under its preferential issue, raising Rs. 12.15 crore through the private placement. The company informed BSE Limited on April 08, 2026, about the successful completion of the allotment process following receipt of subscription amounts from eligible investors.

Equity Share Allotment Details

The company successfully allotted 38.25 lakh equity shares to six non-promoter investors out of the originally planned seven offerees. The allotment was made at an issue price of Rs. 20.00 per share, including a premium of Rs. 10.00 per share, for an aggregate consideration of Rs. 7.65 crore.

Notably, Mr. Arun Heble, one of the original offerees, did not subscribe to his entitlement in the preferential issue, resulting in his exclusion from the final allotment.

Warrant Allotment to Promoter

Simultaneously, the company allotted 45 lakh warrants to Ms. Deepa Kishor Tracy, the promoter and Managing Director. The warrants were issued at Rs. 20.00 each, with Ms. Tracy paying 50% of the issue price amounting to Rs. 4.50 crore at the time of application.

The remaining 50% of the warrant value will be payable upon exercise of the warrants, which can be done in one or more tranches within 18 months from the allotment date.

Regulatory Compliance and Approvals

The preferential issue was conducted following comprehensive regulatory approvals. The Board of Directors and shareholders had previously approved the issue through special resolutions passed at the Extraordinary General Meeting held on February 27, 2026. BSE Limited granted in-principle approval for the preferential issue on March 24, 2026, following which private placement offer letters in Form PAS-4 were issued to eligible investors on March 25, 2026.

Impact on Share Capital

Upon full exercise of the warrants into equity shares, the company's paid-up share capital will increase to Rs. 40.28 crore, comprising 4.03 crore equity shares of Rs. 10.00 face value each. This represents a significant expansion of the company's equity base and provides additional capital for business operations and growth initiatives.