<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Mantra Capital Ltd (formerly Savani Financials Limited) has filed its initial disclosure under SEBI's Large Corporate framework as required by the SEBI circular dated October 19, 2023. The company confirmed it does NOT fall under the 'Large Corporate' category. Its outstanding borrowings as on March 31, 2025 stood at just Rs. 4.94 crore, which is well below the threshold that triggers Large Corporate classification. No credit rating is applicable to the company. The disclosure was signed by the Company Secretary (Darsh Mehta) and CFO (Naresh Malavia) on April 28, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is too small in terms of borrowings to be classified as a Large Corporate under SEBI norms.