Lucent Industries Ltd

Mobavenue AI Tech Ltd has announced the closure of its trading window for designated persons. This closure is in effect from October 1, 2026, and will remain open 48 hours after the declaration of the unaudited financial results for the second quarter and half-year ended September 30, 2026. The company will provide a separate intimation regarding the board meeting date to approve these financial results.

Mobavenue AI Tech Limited (formerly Lucent Industries Limited) announced that its Board of Directors has approved a Scheme of Merger between its wholly owned subsidiary, Mobavenue Media Private Limited (MMPL), and the Company. This merger is subject to necessary regulatory approvals. The company highlighted this as a significant step in its transformation into a unified, technology-led, and globally scalable business platform, evolving from its origins as an education-focused enterprise to an AI-native advertising technology company. The filing also noted the company's rebranding from Lucent Industries to Mobavenue AI Tech Limited and a stock split during FY 2025-26. The company reported consolidated revenue of ₹218.48 crore and profit after tax of ₹29.35 crore for FY 2025-26.

Mobavenue AI Tech Limited's Board of Directors has approved a Scheme of Merger with its wholly-owned material subsidiary, Mobavenue Media Private Limited (MMPL). This merger, subject to regulatory approvals, aims to create a unified, technology-led, and globally scalable business platform. The company, formerly Lucent Industries Limited, has transformed into an AI-native advertising technology firm. In FY 2025-26, Mobavenue AI Tech reported consolidated revenue of ₹218.48 crore, EBITDA of ₹45.37 crore, and profit after tax of ₹29.35 crore. The company also completed a stock split of its equity shares during the year to improve liquidity.

Mobavenue AI Tech Ltd has announced a Board of Directors meeting scheduled for September 15, 2026. The primary agenda item is to consider and approve a Scheme of Amalgamation/Merger between the company and its wholly-owned subsidiary, Mobavenue Media Private Limited. The trading window for designated persons will be closed from September 9, 2026, until 48 hours after the board meeting's outcome is made public.

Mobavenue AI Tech Ltd has been awarded the Gold award for "Outstanding Achievement in AI-Powered Programmatic Excellence." This recognition highlights the company's advancements in its AI-powered programmatic capabilities, particularly its Mobavenue Neural Engine, an AI intelligence layer designed for autonomous campaign optimization. The company utilizes technology, data, and audience intelligence to deliver precise and efficient digital advertising solutions. Mobavenue, a global AdTech and consumer growth company, operates AI-native platforms to ensure measurable outcomes for enterprises, publishers, and agencies across various sectors like e-commerce, BFSI, and fintech, serving clients in 12 countries.

Mobavenue AI Tech Ltd has been recognized with four Gold and one Silver award at the DATAMATIXX Awards 2026 by Adgully. The accolades span categories including behavioral data, programmatic marketing, real-time data-driven marketing, location-based data, and data-driven television campaigns. Specific awards were for Groww (Gold - Behavioral Data), Goibibo (Gold - Programmatic), UNIQLO (Gold - Real-Time Data), Snabbit (Gold - Location-Based Data), and boAt (Silver - Data-Driven TV). These awards highlight Mobavenue's strengths in data-driven and programmatic capabilities, leveraging AI and audience intelligence for effective marketing solutions. The company aims to deliver campaigns with enhanced audience relevance, media efficiency, and measurable business outcomes.

Mobavenue AI Tech Ltd reported strong unaudited financial results for Q1 FY2027 ended June 30, 2026. Revenue surged 56.9% year-on-year to ₹728 million, driven by demand from direct advertisers in sectors like Quick Commerce, BFSI, Fintech, and Retail. EBITDA increased by 77% to ₹154 million, with margins expanding by 240 basis points to 21.2%. Profit After Tax (PAT) nearly doubled, growing 95% year-on-year to ₹117 million, with PAT margins improving by 320 basis points to 16.1%. The company also launched its Mobavenue Neural Engine and PiiX (πX) for Apple Ads, and expanded its global presence by opening offices in the United States and Singapore. Consumer outcomes delivered grew 57.3% YoY.

Mobavenue AI Tech Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated financial results. Additionally, the company announced the constitution of its Corporate Social Responsibility Committee, effective August 11, 2026. The financial results are available on the company's website.

Mobavenue AI Tech Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the constitution of a Corporate Social Responsibility Committee. The financial results are available on the company's website.

Mobavenue AI Tech Ltd has announced Wednesday, August 26, 2026, as the record date for determining shareholder entitlement to a final dividend for the Financial Year 2025-26. The 16th Annual General Meeting (AGM) is scheduled for Wednesday, September 02, 2026, to be held via Video Conferencing. The company will transact ordinary business at the AGM. The notice of the AGM and the Annual Report for FY 2025-26 are being sent to shareholders. The payment of the final dividend, if declared, is expected on or before October 01, 2026.