Savani Financials Ltd — Updates, 16-07-2025: Company Update

Savani Financials Limited has received a crucial No Objection letter from the Reserve Bank of India, approving its proposed name change to "Mantra Capital Limited." This significant development marks a major step towards a potential rebranding or strategic repositioning for the company. While the RBI's green light is in, the company will now focus on securing further necessary approvals from other regulatory authorities, including the Registrar of Companies, to fully finalize and implement the new identity. This change is relevant for shareholders as it may signal a fresh direction.