Allotment of 30,00,000 Equity Shares pursuant to conversion of Warrants issued on Preferential basis.

October 16, 2026 BSE Limited, General Manager Corporate Relationship Department, P. J. Towers, 25th Floor, Dalal Street, Fort, Mumbai - 400 001 Reference: Scrip Symbol: MANTRA | Scrip Code: 511577 Subject: Allotment of Equity Shares Pursuant to Conversion of Warrants issued on Preferential basis. Madam/ Sir, We write further to our previous intimations dated September 24, 2026 , January 30, 2026, February 27, 2026 , March 25, 2026 and April 08,2026 informing BSE Limited about the approval of the Board of Directors and the shareholders of the Company, respectively, for the issue of 45,00,000 (forty five lakh) warrants, having a face value of Rs. 10/- each and terms as approved by way of the special resolution passed at the meeting of the shareholders held on February 27, 2026, ("Warrants") at an issue price of Rs. 20/- each to Mrs. Deepa Kishor Tracy, the Promoter and Managing Director of the Company, for an aggregate consideration of Rs. 9,00,00,000 (Rupees nine crore), by way of a preferential issue on a private placement basis, ("Preferential Issue") on the terms and conditions approved by way of special resolutions passed at the meeting of the shareholders held on February 27, 2026 ("EGM"). Pursuant to receipt of the in-principle approval of BSE Limited for the Preferential Issue on March 24, 2026, the Company issued the private placement offer cum application letters dated March 25, 2026 in Form PAS-4 to Ms. Deepa Kishor Tracy. Further, the Warrants of the Company has received a filled and signed application form from Ms. Deepa Kishor Tracy, the promoter and managing director of the Company, along with the amount payable at the time of application for the Warrants (i.e., 50% of the issue price of the Warrants), being an aggregate amount of Rs. 4,50,00,000 (Rupees four crore fifty lakh). We now wish to inform you pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations") that the Board of Directors of the Company has, by way of circulation, on October 15TH,2026: 1. Approved the conversion of 30,00,000 (Thirty Lakhs) Warrants into 30,00,000 (Thirty Lakhs) Equity Shares of the Company having a face value of ₹10/- each and allotment of the said Equity Shares to Mrs. Deepa Kishor Tracy, pursuant to receipt of the balance consideration of ₹10/- per Warrant, aggregating to ₹3,00,00,000/- (Rupees Three Crore only). Name of the No. of Warrants Sr. No. Category Status Allottee allotted Deepa Kishor 30,00,000 Resident 1. Promoter Tracy The details as required to be disclosed under Regulation 30 of the SEBI LODR Regulations read with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are set forth in Annexure A. This letter and its annexures will also be made available on the website of the Company at https://mantracapital.in/ in terms of Regulation 30 of the SEBI LODR Regulations. Kindly take the same on your records. Thanking you. Yours faithfully, For Mantra Capital Limited (Formerly known as Savani Financials Limited) Prasanta Mohanty Company Secretary & Compliance Officer ICSI Membership No.: A76804 Place: Mumbai Mantra Capital Limited (Formerly Savani Financials Limited) 2 Annexure A Pursuant to Regulation 30 of the LODR Regulations read with the SEBI Master Circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 the details as required to be disclosed are as follows: S.no Particulars Details 1. Type of securities issued & allotted (viz. equity Conversion of 30,00,000 warrant shares, convertibles, etc.) into 30,00,000 Equity Shares. 2. Type of issuance (further public offering, rights Preferential issue on a private issue, depository receipts (ADR/GDR), qualified placement basis of Equity Shares institutions placement, preferential allotment and Warrants in accordance with etc.) Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws 3. Total number of securities issued & allotted or Issued and allotted 45,00,000 the total amount for which the securities will (Forty Five lakhs) warrants for an be issued (approximately) issue price of Rs. 20/- each (including a premium of Rs. 10/-) aggregating to Rs. 9,00,00,000/- (Rupees Nine Crore only) on April 08, 2026 and out of it 15,00,000 (Fifteen Lakhs) warrants are converted into Equity Shares of face value Rs. 10/- each and allotted to Mrs. Deepa Kishor Tracy on September 24, 2026, upon receipt of balance consideration of 50% on 15,00,000 (Fifteen Lakh) warrants aggregating to Rs.1,50,00,000/- (Rupees One Crore Fifty Lakhs only) in accordance with the terms of the Warrants. Further out of remaining quantity i.e 30,00,000 (Thirty Lakhs) warrants are converted into Equity Shares of face value Rs. 10/- each and allotted to Mrs. Deepa Kishor Tracy on October 15, 2026, upon receipt of balance consideration of 50% on 30,00,000 (Thirty Lakh) warrants aggregating to Rs.3,00,00,000/- (Rupees Three Crore only) in accordance with the terms of the Warrants. 4. Additional Details in case of preferential Issue; i. Names of the investors; Mrs. Deepa Kishore Tracy Mantra Capital Limited (Formerly Savani Financials Limited) 3 ii. Post allotment of securities - outcome of the Pursuant to the allotment of the subscription Warrants the paid-up share capital of the company will increase to Rs. 403862240 (40386224- Equity Share of Face Value of Rs.10/- Each fully Paid-Up). iii. Issue price / allotted price (in case of The Warrants have been allotted at convertibles), a price of Rs.10/- each aggregating to ₹3,00,00,000/- (Rupees Three Crore only) payable in accordance with the terms of the Warrants . iv. Number of investors; One v. in case of convertibles - intimation on The Warrants can be exercised, in conversion of securities or on lapse of the one or more tranches, no later than tenure of the instrument; 18 months from the date of allotment of the Warrants in accordance with its terms. As per the terms, each Warrant is exercisable into 1 (one) Equity Share vi. any cancellation or termination of proposal for NA issuance of securities including reasons thereof. For Mantra Capital Limited (Formerly known as Savani Financials Limited) Prasanta Mohanty Company Secretary & Compliance Officer ICSI Membership No.: A76804 Place: Mumbai Mantra Capital Limited (Formerly Savani Financials Limited) 4