BSEMantra Capital LtdLowNeutral
Announced Thu, 5 Feb · 11:11 IST

Media Release on Preferential Issue of Equity Shares and Warrants by the Company.

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mantra Capital's Board, at its meeting on January 30, 2026, approved a preferential issue of equity shares and warrants, subject to shareholder and regulatory approvals. The total capital raise is pegged at Rs. 18.65 crore, split into Rs. 9.65 crore via equity shares (to identified investors) and Rs. 9.00 crore via warrants (to the promoter group). The company, an RBI-regulated NBFC focused on lending to small entrepreneurs and the logistics/mobility sector, recently crossed Rs. 100 crore in disbursements. Issue price will follow SEBI's ICDR Regulations, 2018, and full terms will be disclosed in the upcoming general meeting notice.

Likely market impact

Existing shareholders may see some equity dilution, but the promoter participation through warrants signals long-term confidence. The fresh capital is aimed at strengthening the balance sheet to fund the next growth phase, which could support loan book expansion if execution stays disciplined.