Mantra Capital
15.50
-1.50(-8.82%)
Market Cap₹55.44 Cr
PE Ratio-4.75
Company Performance:
1D-8.82%
1M+14.81%
6M-13.89%
1Y-11.43%
5Y+55.47%
View Company Insightsright
More news about Mantra Capital
27Feb 26
Mantra Capital Limited Shareholders Approve All Resolutions at February 27, 2026 EGM
Mantra Capital Limited held its EGM on February 27, 2026, achieving unanimous approval for all four resolutions. The meeting addressed capital restructuring with 24585588 votes supporting the first three resolutions and 585588 votes for the fourth resolution. All resolutions passed with 100% approval, demonstrating strong shareholder confidence in the company's strategic direction and corporate governance practices.
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06Feb 26
Mantra Capital Schedules EGM for February 27, 2026 to Approve ₹18.65 Crore Capital Raise
Mantra Capital Limited has scheduled an Extraordinary General Meeting for February 27, 2026, to seek shareholder approval for a comprehensive ₹18.65 crore capital raising initiative. The proposal includes issuing 48.25 lakh equity shares at ₹20 per share to seven non-promoter investors, raising ₹9.65 crores, and 45.00 lakh warrants to promoter Mrs. Deepa Kishor Tracy for ₹9.00 crores. The company will also address authorised capital restructuring from ₹38.00 crores to ₹50.00 crores to accommodate the preferential issues.
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02Feb 26
Mantra Capital Crosses Rs. 100 Crore AUM Milestone Despite Q3FY26 Net Loss
Mantra Capital Limited demonstrated strong operational growth in Q3FY26, crossing Rs. 100 crore AUM with 2,207 loans disbursed across 18 branches, despite reporting a net loss of Rs. 306.01 lakhs. The company achieved 524% revenue growth and approved Rs. 18.65 crore capital restructuring while maintaining focus on secured lending solutions.
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28Jan 26
Mantra Capital Limited Crosses ₹100 Crore Assets Under Management Milestone
Mantra Capital Limited (formerly Savani Financials Limited) announced crossing ₹100 crore in Assets Under Management (AUM) on January 28, 2026. The BSE-listed, RBI-regulated NBFC focuses on empowering entrepreneur-led businesses across general trade and green mobility sectors, particularly in South India. Management emphasized that this milestone reflects disciplined execution, strong governance, and commitment to supporting small entrepreneurs through thoughtful credit design and risk-calibrated underwriting.
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20Jan 26
Mantra Capital Limited Completes ₹2 Crore NCD Allotment with 12.75% Interest Rate
Mantra Capital Limited successfully allotted ₹2.00 crores worth of secured non-convertible debentures on January 20, 2026, following approval from its Capital and Fundraising Committee. The allotment comprises 2,000 NCDs with ₹10,000.00 face value each, offering 12.75% interest rate and 36-month tenure. The debentures are secured with 1x coverage over receivables and comply with all SEBI regulations for private placement fundraising.
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12Jan 26
Mantra Capital Limited Approves ₹2 Crore Private Placement of Non-Convertible Debentures
Mantra Capital Limited's Capital and Fundraising Committee approved a ₹2 crore private placement of non-convertible debentures on January 12, 2026. The offering includes 2,000 secured NCDs with ₹10,000 face value each, featuring 12.75% interest rate and 3-year maturity. Beacon Trusteeship Limited was appointed as debenture trustee, with the announcement made in compliance with SEBI regulations.
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06Jan 26
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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30Dec 25
Mantra Capital Limited Appoints Puspraj Pandey as Company Secretary and Compliance Officer
Mantra Capital Limited (formerly Savani Financials Limited) has appointed Mr. Puspraj Pandey as Company Secretary and Compliance Officer effective December 30, 2025. The appointment was approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, with proper regulatory disclosures made to BSE Limited under SEBI regulations.
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30Dec 25
Mantra Capital Rescinds Share Capital Resolution After Strategic Review
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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05Dec 25
Mantra Capital Unveils Strategic Growth Plan, Targets 4-5x Equity Value Creation
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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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
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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Mantra Capital
15.50
-1.50
(-8.82%)
1 Year Returns:-11.43%
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