Savani Financials
13.24
-13.66(-100.00%)
Market Cap₹43.70 Cr
PE Ratio-3.73
Company Performance:
1D-100.00%
1M-8.75%
6M-34.89%
1Y-30.06%
5Y+36.60%
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More news about Savani Financials
13Nov 25
Mantra Capital Reports Strong AUM Growth to ₹66 Crore in Q2 FY26
Mantra Capital Limited (formerly Savani Financials) reported significant growth in Assets Under Management (AUM), reaching ₹66.00 crore in Q2 FY26, up from ₹43.00 crore in Q4 FY25. The company has expanded to 18 branches across four states with 177 employees. It has disbursed over 1,500 loans, maintaining a 100% secured loan portfolio focused on business loans and green loans for electric vehicles. Mantra Capital raised ₹47.00 crore in debt and established partnerships with Mahindra, OSM, and Greaves. The company also secured a co-lending partnership with AU Small Finance Bank for secured business loans.
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13Nov 25
Savani Financials Reports Rs 820.55 Crore Loss, Plans Rs 15 Crore Debenture Issue
Savani Financials Limited reported a net loss of Rs 820.55 crore for the quarter ended September 30, with total revenue from operations at Rs 342.38 crore. The company's Board approved raising up to Rs 15 crore through Non-Convertible Debentures (NCDs) via private placement, public issue, or other methods. The NCDs will be issued in one or more tranches and will not be listed. Savani Financials operates as a Non-Banking Financial Company registered under the RBI Act.
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25Sept 25
Savani Financials Shareholders Approve Rs 500 Crore Borrowing Limit and Major Corporate Changes at 41st AGM
Savani Financials Limited's 41st AGM approved several key resolutions. The borrowing limit was increased to Rs 500 crore, and authorized share capital raised to Rs 100 crore. Shareholders approved the 'Savani Financials Employee Stock Option Scheme 2024'. The company name change and new Articles of Association were agreed upon. Material related party transactions for FY 2025-2026 were approved. M/s. Bansal and Company were appointed as Secretarial Auditor for five years. Ms. Deepa Kishor Tracy was reappointed as Managing Director. Various management remuneration frameworks were also approved.
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28Aug 25
Savani Financials Board Approves New Articles of Association and Executive Compensation Frameworks
Savani Financials' Board of Directors approved several key proposals on August 28, 2025. These include new Articles of Association, compensation frameworks for the Managing Director, CEO, Non-Executive Independent Directors, and Senior Managerial Personnel. The board also approved the Notice for the 41st Annual General Meeting for FY 2024-2025. All approvals are subject to shareholder consent at the upcoming General Meeting. The company disclosed these decisions to BSE Limited in compliance with SEBI regulations.
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22Jul 25
Mantra Capital Receives Fresh RBI Certificate Following Name Change Completion
Mantra Capital Limited has successfully received its fresh Certificate of Registration from RBI, completing the regulatory requirements for its name change from Savani Financials Limited. The company has maintained strong operational performance with growing AUM and continues its focus on secured lending across multiple states.
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22Jul 25
Savani Financials Reports Wider Q1 Loss, Announces Name Change and Leadership Shifts
Savani Financials reported a net loss of Rs. 255.52 lakhs for Q1, up from Rs. 159.14 lakhs last year, despite revenue growth to Rs. 246.27 lakhs. The company announced plans to rebrand as Mantra Capital Limited, subject to approvals. Other changes include the resignation of Company Secretary Darsh Mehta and appointment of M/s. Bansal and Company as Secretarial Auditor.
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22Jul 25
Savani Financials Limited Set to Rebrand as Mantra Capital Limited, Appoints New Secretarial Auditor
Savani Financials Limited plans to change its name to Mantra Capital Limited, subject to approvals. The company appointed M/s. Bansal and Company as Secretarial Auditor for five years. Q1 FY2026 financial results show revenue increase to ₹248.47 lakhs but higher net loss of ₹255.52 lakhs. The Board accepted the resignation of Mr. Darsh Mehta as Company Secretary and approved the Board Report for the 41st AGM.
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Savani Financials
13.24
-13.66
(-100.00%)
1 Year Returns:-30.06%
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