Mantra Capital Rescinds Share Capital Resolution After Strategic Review

1 min read     Updated on 30 Dec 2025, 07:17 PM
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Reviewed by
Suketu GScanX News Team
Overview

Mantra Capital Limited has strategically reversed its share capital expansion plans by approving the rescission of a resolution passed at its 41st AGM in September 2025. The decision follows a comprehensive review of the company's present business requirements and future capital structure, with the board determining that the previously approved authorised share capital increase no longer aligns with current business objectives.

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Savani Financials Limited, now operating as Mantra Capital Limited, announced a strategic reversal of its share capital expansion plans following its board meeting held on December 30, 2025. The company communicated this development to BSE Limited through a formal disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Decision and Strategic Rationale

The board meeting resulted in the approval of a proposal to rescind the members' resolution that was passed at the 41st Annual General Meeting held on September 25, 2025. The original resolution pertained to increasing the company's authorised share capital, but the board has now decided against proceeding with this expansion.

Resolution Details: Information
Original AGM Date: September 25, 2025
AGM Number: 41st Annual General Meeting
Resolution Type: Increase in authorised share capital
Current Status: Rescission approved, subject to member approval
Board Meeting Date: December 30, 2025

Business Considerations Behind Decision

According to the company's disclosure, the decision to rescind the resolution was taken after due consideration of the company's present business requirements and the existing and future capital structure. This strategic review indicates that the management has reassessed its capital needs and determined that the previously approved share capital increase is no longer aligned with current business objectives.

Implementation and Next Steps

The rescission is subject to approval from the company's members, following standard corporate governance procedures. The company has confirmed it will not proceed with implementing the original share capital increase resolution, effectively halting the expansion of its authorised share capital that was previously sanctioned by shareholders.

Implementation Details: Status
Member Approval Required: Yes
Original Resolution Status: Will not be implemented
Regulatory Compliance: Regulation 30 disclosure completed
Trading Symbol: SAVFI (BSE: 511577)

Regulatory Compliance and Disclosure

The announcement was made in strict accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was digitally signed by Deepa Tracy, Managing Director (DIN-00516615), and submitted to BSE Limited from Mumbai. The company trades under the scrip name SAVFI with scrip code 511577 on the BSE platform.

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Mantra Capital Unveils Strategic Growth Plan, Targets 4-5x Equity Value Creation

1 min read     Updated on 05 Dec 2025, 04:59 PM
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Reviewed by
Riya DScanX News Team
Overview

Savani Financials, a BSE-listed NBFC, has released a presentation outlining its growth strategy. The company currently manages 85 crores in AUM, has disbursed 1,000 loans, and operates 20 branches across four states. Savani aims to grow its AUM to 300-400 crores and increase equity value by 4-5 times within 3 years. The company focuses on providing credit solutions for businesses in trade, logistics, and mobility sectors, emphasizing digital integration and customer-centric approaches.

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Savani Financials , a BSE-listed and RBI-regulated Non-Banking Financial Company (NBFC), has recently published a comprehensive presentation deck on its website, outlining its strategic growth trajectory and achievements in the credit solutions sector.

Key Highlights

Metric Achievement
Assets Under Management (AUM) 85.00 crores
Loans Disbursed 1,000
Branch Network 20 branches
Geographical Presence Karnataka, Telangana, Delhi-NCR, Andhra Pradesh

Strategic Focus

Savani Financials has positioned itself as a key player in providing credit solutions for businesses across trade, logistics, and mobility sectors. The company's growth strategy appears to be centered on expanding its reach in high-potential markets while maintaining a strong focus on digital integration and customer-centric approaches.

Future Outlook

The presentation deck reveals targets for Savani Financials:

Target Projection
AUM Growth 300.00-400.00 crores
Equity Value Creation 4-5x
Time Horizon 3 years

These projections suggest a growth strategy and confidence in the company's business model and market positioning.

Implications for Investors

The publication of this strategic growth presentation signals Savani Financials' commitment to transparency and its intent to attract investor attention. The company's focus on specific business segments and its targeted geographical expansion could potentially lead to growth, provided market conditions remain favorable and execution is effective.

However, investors should note that these are forward-looking projections and actual results may vary based on various factors including market dynamics, regulatory changes, and overall economic conditions.

Conclusion

Savani Financials' strategic presentation provides insights into the company's growth trajectory and future ambitions. As the company aims to expand its operations and AUM, it will be crucial to monitor its ability to maintain asset quality, manage risks effectively, and work towards its projected targets in the NBFC sector.

Investors and market watchers may want to keep an eye on Savani Financials' quarterly results and regulatory filings to track its progress against these stated objectives and to assess the company's long-term value creation potential.

Historical Stock Returns for Savani Financials

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-0.50%+6.75%+5.41%-6.00%-27.23%+52.19%
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