Mobavenue Ai Tech Ltd

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, will close its trading window for designated persons from October 1, 2026, until 48 hours after the declaration of its unaudited financial results for the second quarter and half year ended September 30, 2026, in compliance with SEBI regulations and the company’s code of conduct.

Mobavenue AI Tech Limited, formerly Lucent Industries Limited, announced its board approved a scheme of merger with its wholly owned material subsidiary, Mobavenue Media Private Limited, under sections 233 and other applicable provisions of the Companies Act, 2013. The move is intended to consolidate the business operations of both entities and create a more integrated corporate structure, following the company's transformation into an AI-native advertising and consumer growth platform from India, and is expected to improve financial strength and efficiency while maximizing shareholder value.

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, will seek shareholder approval for a scheme of amalgamation/merger with its wholly-owned subsidiary, Mobavenue Media Private limited, at a board meeting scheduled for September 15, 2026, according to a regulatory filing with the BSE Limited. The company has also closed its trading window for designated persons and their immediate relatives from September 9, 2026, until 48 hours after the board meeting’s outcome is announced.

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, will hold its 16th Annual General Meeting on Wednesday, September 02, 2026, at 3:00 P.M. through Video Conferencing/Other Audio Visual Means, and has set Wednesday, August 26, 2026, as the Record Date for determining shareholders eligible to receive a final dividend for the financial year 2025-26, with payment expected on or before October 01, 2026.

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review report. The company’s trading window for dealing in securities by designated persons has been closed since July 1, 2026, and will remain closed until 48 hours after the unaudited financial results are made public.

The board of Mobavenue AI Tech at its meeting held on 20 July 2026 has approved the launch of the company's proprietary AI powered platform, Mobavenue Neural Engine, an AI intelligence layer integrated with the company's proprietary advertising technology platform. The board also approved the adoption and phased implementation of the company's new corporate logo and corporate tagline as part of its brand transformation initiative.

Mobavenue AI Tech has commenced operations in Singapore, establishing the city-state as its regional hub for Southeast Asia. The expansion marks the next phase of the company's international growth strategy and deepens its presence in one of the world's fastest-growing digital economies. Operations will run through MAITL ASIA PTE. LTD., a wholly owned subsidiary of Mobavenue Global Holdings  From Singapore, Mobavenue will scale its AI-powered capabilities across programmatic media, audience intelligence, omnichannel customer engagement and consumer growth for brands and agencies across ASEAN. Southeast Asia's digital economy is projected to reach USD 1 trillion by 2030, driven by rising internet penetration, mobile-first consumers and accelerating adoption of AI across industries. Singapore sits at the centre of that shift. With a digital advertising market expected to reach USD 462 million by 2032, a mature innovation ecosystem and direct access to regional decision-makers, the country is the natural gateway for technology businesses expanding across ASEAN. Mobavenue will operate a platform-led, asset-light model in the region, pairing its proprietary AI technology with local market expertise to deliver scalable, outcome-driven solutions. The approach allows the company to innovate closer to key markets while keeping its expansion capital-efficient.

Mobavenue Global Holdings, a wholly owned subsidiary of Mobavenue AI Tech (MATL), has established its U.S. office and commenced operations in the United States through Mobavenue LLC. This marks an important milestone in MATL's ongoing international expansion strategy and further strengthens its presence across one of the world's largest digital advertising markets. As part of this expansion, the Company has appointed Eric Lind as Country Head - United States to lead its business operations and market expansion in the region. Eric brings more than 20 years of experience across AdTech and consumer growth platforms. Prior to joining Mobavenue, he held leadership roles at Adikteev, REMERGE, and Top Inc., bringing extensive industry experience to the company's U.S. operations

The engagement will be executed through the company's AI-powered consumer growth and technology platforms to support the customer's digital growth objectives. The company said the order underscores the growing adoption of AI-led digital advertising and consumer growth solutions across international markets and is expected to strengthen its international revenue base while supporting geographic and customer diversification. Mobavenue AI Tech added that the order value has been computed based on the prevailing USD-INR exchange rate as of the date of disclosure and may vary depending on currency fluctuations during execution and realization of the contract. Mobavenue AI Tech is an AI-powered advertising, marketing, and consumer growth platform offering digital media and technology solutions to enterprises and brands. The company's consolidated net profit surged 752.5% to Rs 8.44 crore, while net sales jumped 1,285.4% to Rs 62.62 crore in Q4 FY26 from Q4 FY25.Powered by Capital Market - Live

Mobavenue AI Tech, through its wholly owned subsidiary in the United Kingdom, Mobavenue Global Holdings, has received a new international order worth approximately Rs 10.02 crore.