Mantra Capital Limited has approved a proposal to raise Rs 18.65 crore through a preferential issue of equity shares and warrants, aimed at strengthening its net worth and supporting the next phase of growth.

The decision was cleared by the company’s Board of Directors at its meeting held on January 30, 2026, subject to shareholder and regulatory approvals. The issue price will be determined in line with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The proposed fundraising includes Rs 9.65 crore through equity shares to identified investors and ?9.00 crore through warrants to the promoter group, signaling continued promoter commitment and long-term alignment with the company’s growth strategy.

Mantra Capital said it has recently crossed Rs 100 crore in disbursements, driven by disciplined execution, regional focus, and efforts to improve access to finance for small and emerging entrepreneurs. Its lending portfolio remains focused on income-generating credit solutions and the promotion of sustainable livelihoods, including green mobility initiatives.

The fresh capital will enhance the company’s balance sheet strength and provide additional headroom to expand operations. Detailed terms of the preferential issue, including the number of securities, will be shared in the notice of the upcoming general meeting.