ALPHA TRIBE

Savani Financials LtdImportant, 03-10-2025: Company Update

03-10-2025 | 06:52 pm

Savani Financials Limited's Annual General Meeting reviewed significant operational and financial updates. The company announced its name change to Mantra Capital Limited after receiving the necessary No-Objection Certificate, marking a strategic brand transition. Operating revenue saw a substantial rise, increasing from Rs. 0.12 Cr to Rs. 3.43 Cr. The company has served over 1,000 borrowers, with Assets Under Management now exceeding Rs. 55 Cr. Shareholders approved key proposals including increased borrowing limits, authorised capital, and employee stock option schemes. The company emphasized strengthening governance, digital systems, and ESG principles to drive future growth and scale.

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