Mantra Capital Limited (formerly Savani Financials Limited) has announced the successful completion of its Capital and Fundraising Committee meeting on January 12, 2026, where key decisions regarding private placement of non-convertible debentures were approved. The meeting, which commenced at 4:30 PM and concluded at 8:15 PM, addressed important fundraising initiatives for the company.

Committee Approvals and NCD Details

The committee approved a comprehensive private placement offer for non-convertible debentures with attractive terms for investors. The approved structure demonstrates the company's strategic approach to debt fundraising.

Debenture Trustee Appointment

As part of the comprehensive approval process, the committee appointed Beacon Trusteeship Limited as the debenture trustee for the NCD issuance. This appointment ensures proper oversight and protection of debenture holders' interests throughout the tenure of the securities.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure follows the company's earlier intimation dated November 12, 2025, indicating a structured approach to the fundraising process.

Company Information

Mantra Capital Limited, previously known as Savani Financials Limited, operates under CIN L67120MH1983PLC031614. The company maintains its registered office at 602, Samarth Vaibhav CHS Ltd., Off Link Road, Lokhandwala Complex, Andheri (West), Mumbai - 400053. The formal communication was signed by Managing Director Deepa Tracy (DIN: 00516615) and submitted to BSE Limited for regulatory compliance.

Savani Financials Limited , now operating as Mantra Capital Limited, has received its fresh Certificate of Registration from the Reserve Bank of India (RBI), completing the final regulatory requirements for its name change process.

Fresh Certificate of Registration Details

The company has received Certificate of Registration bearing No. B-13.01071 dated December 08, 2025, from the RBI approving the change of name from "Savani Financials Limited" to "Mantra Capital Limited". The original copy was received by the company on December 31, 2025.

Regulatory Compliance and Disclosure

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed BSE Limited about the receipt of the fresh certificate. The disclosure was made under the regulatory framework for communications from licensing authorities.

Public Notice Publication Compliance

The company has published public notices regarding the RBI approval for name change in the following newspapers:

Business Operations and Performance

Mantra Capital has demonstrated strong operational performance with over 1,000 secured loan disbursals within its first operational year. The company maintains a 100% secured lending portfolio, focusing on secured business loans for entrepreneur-led businesses and secured green loans for the logistics and mobility space.

The company currently operates 17 branches with 146 employees across Karnataka, Telangana, Andhra Pradesh, and Delhi. For the quarter ended June 30, 2025, the company reported total revenue from operations of ₹246.27 lakhs, representing significant growth from ₹17.54 lakhs in the same quarter of the previous year.

Management Commentary

Deepti Tracy, Managing Director, emphasized that the name change does not affect the company's legal status, ownership, management, business operations, rights, or obligations. All existing agreements and arrangements executed under the former name continue to be valid and enforceable under the new name.

The completion of the RBI certificate receipt marks the final milestone in the company's rebranding efforts as it continues to focus on responsible scaling and addressing credit needs of underserved segments in India's financial inclusion landscape.