The Company has received a No Objection Letter from the Ministry of Corporate Affairs for change in name of the Company from "Savani Financials Limited" to "Mantra Capital Limited", subject ....
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Savani Financials Limited has received a No Objection Letter from the Ministry of Corporate Affairs (MCA) on 1st August 2025 for changing its name to 'Mantra Capital Limited'. The NOC is valid for 60 days from the date of the letter. The company still needs to obtain shareholder approval and comply with the Companies Act, 2013 to finalize the name change. There are no financial implications from this communication, and no penalties or non-compliances were flagged. The company will inform the stock exchange of further developments.
This is a cosmetic change with no direct impact on financials or shareholder value. Investors should note the new name and updated brand identity once the change takes effect after shareholder approval.