In accordance to Regulation 30 of SEBI (LODR), Regulations, 2015, the Board of Directors in its meeting held on today i.e.21st July, 2025 considered and approved 1. Appointment of of M/s. ....
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Awaiting price reaction for this filing.
The board of Savani Financials Limited has approved changing the company's name from 'Savani Financials Limited' to 'Mantra Capital Limited', subject to shareholder and Registrar of Companies (RoC) approval. Along with this, the Memorandum and Articles of Association will be altered to reflect the new name. Additionally, M/s. Bansal & Company, a firm of practising Company Secretaries led by CS Lucky Bansal Choudhary (with 9+ years of experience), has been appointed as the Secretarial Auditor for five consecutive financial years, subject to shareholder approval. The filing was made on July 21, 2025, with Darsh Mehta signing as Company Secretary and Compliance Officer.
For shareholders, this is largely an administrative update. The name change may help the company better reflect any shift in business focus, but it does not affect shareholding, financials, or operational performance. The appointment of a new secretarial auditor is a routine governance requirement and is unlikely to move the stock price.