Intimation of Receipt of Listing Approval for 38,25,000 equity shares of Rs. 10 /- each issued at a premium of Rs. 10 /-each to Non- promoter on Preferential basis.
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Mantra Capital Ltd (formerly Savani Financials Limited) has received BSE listing approval for 38,25,000 equity shares issued on a preferential basis to non-promoters. Each share has a face value of Rs. 10 with a premium of Rs. 10, meaning the issue price is Rs. 20 per share. The approval was granted via BSE letter dated May 21, 2026. This represents a preferential allotment of shares to non-promoter investors, which will result in dilution of existing shareholders' stakes. The company has informed BSE under SEBI Listing Regulations, disclosure obligations.
Existing shareholders will face dilution as new shares are issued to non-promoters. The preferential allotment at Rs. 20 per share indicates institutional or strategic investor interest. This is a routine regulatory intimation and does not signal any immediate concern for shareholders.