Mantra Capital Ltd Details Acquisition of Shares by Promoter Group Member
Mantra Capital Ltd, formerly known as Savani Financials Limited, reported details regarding the acquisition of shares involving Mrs. Deepa Kishor Tracy, who is identified as belonging to the Promoter/Promoter group. The transaction details concern the Target Company (TC) shares listed on BSE Limited.The data outlines the holdings of the acquirer, Mrs. Deepa Kishor Tracy, both before and after the acquisition.
Before the consideration acquisition, Mrs. Deepa Kishor Tracy held 2,39,84,890 shares, representing 74.95% of the total share/voting capital and 74.95% of the total diluted share/voting capital of the TC.
The acquisition details indicate that 45,00,000 shares carrying voting rights were acquired. This acquisition occurred via Preferential Allotment on April 8, 2026.
The total share capital and voting capital of the TC stood at Rs. 32,00,00,000 before the acquisition/sale. Following the transaction, the equity share capital/total voting capital of the TC stood at Rs. 35,82,50,000. Furthermore, the total diluted share/voting capital of the TC after the said acquisition was Rs. 40,32,50,000.
The resulting holding after the acquisition shows the acquirer's total shares carrying voting rights at 2,39,84,890 and an additional 45,00,000 shares, bringing the resulting total to 66.95% of the total diluted share/voting capital.
Stock Price Movement
As of 11:29 AM, Mantra Capital Ltd is edging higher at ₹14.90, up 1.57% for the day. The shares have seen movement throughout the morning session, fluctuating between an intraday low of ₹14.00 and a high of ₹15.22.Source:
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