Mobavenue AI Tech completes share split effective June 13

1 min read     Updated on 16 Jun 2026, 09:25 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Mobavenue AI Tech Ltd has successfully completed the sub-division of its equity shares, effective June 13, 2026, as confirmed by NSDL and CDSL. The corporate action involved the debiting of old shares and the crediting of new shares with a face value of ₹2. The depositories processed the changes across nearly 3,000 records at CDSL and over 700 records at NSDL.

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Mobavenue AI Tech Ltd has completed the sub-division of its equity shares, a corporate action that became effective on June 13, 2026. The company confirmed that all necessary formalities associated with the split have been finalized, following the receipt of confirmation from both depositories. This restructuring adjusts the face value of the securities, impacting the total number of shares held by investors.

Confirmation from Depositories

The National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) officially processed the corporate action. The depositories executed the credit and debit of shares to the accounts of shareholders. The split involved the debiting of existing shares and the crediting of new shares with a revised face value of ₹2.

Share Credit and Debit Details

The data provided by the depositories outlines the volume of securities affected by the split. The table below summarizes the key figures from the CDSL and NSDL confirmations.

Depository ISIN Description Type Records Quantity Execution Date
CDSL INE622Q01019 Mobavenue Ai Tech Limited Equity Shares Debit 2999 13860966 13-Jun-2026
CDSL INE622Q01027 Mobavenue Ai Tech Limited New Equity Shares Credit 2999 69304830 13-Jun-2026
NSDL INE622Q01019 Mobavenue AI Tech Limited EQ Debit 711 1598592.000 13/Jun/2026
NSDL INE622Q01027 Mobavenue AI Tech Limited EQ New FV Rs. 2/- Credit 711 7992960.000 13/Jun/2026

The NSDL data also specified a lock-in release date of October 30, 2026, applicable to a specific portion of the records involved in the transaction.

Historical Stock Returns for Mobavenue AI Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+4.61%+38.32%+18.82%+135.46%+12,969.92%

How will the share split impact the liquidity and trading volume of Mobavenue AI Tech Ltd shares?

What strategic rationale drove the decision to reduce the face value of the shares to ₹2?

How might the lock-in release on October 30, 2026, affect the stock's price volatility?

Mobavenue AI Tech launches PiiX for Apple Search Ads

1 min read     Updated on 12 Jun 2026, 12:09 PM
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Reviewed by
Suketu GScanX News Team
AI Summary

Mobavenue AI Tech Ltd has launched PiiX, an AI-powered growth intelligence platform designed to convert high-intent App Store searches into quality installs. The platform automates bidding, keyword expansion, and creative optimisation across the ASA Traffic, CPP Intent Matching, and ASO Conversion layers. It aims to address the growing iOS market and fill a gap in the Indian market for integrated solutions.

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Mobavenue AI Tech Ltd has launched PiiX, an AI-powered growth intelligence platform designed to convert high-intent App Store searches into quality installs. The platform is the company's first dedicated solution for the iOS ecosystem, aiming to help app marketers scale user acquisition predictably and efficiently. This launch comes as Apple's advertising business grew by 15% last year to nearly $7 billion, with approximately 95% of that revenue linked to app install advertising on the App Store.

The platform addresses the growing iOS market, where adoption has accelerated across major geographies. According to StatCounter, iOS market share in India increased from 4.92% in May 2025 to 6.69% in May 2026. In the United States, it rose from 58.65% to 61.40% during the same period, while globally it grew from 26.92% to 31.95%. This expansion creates a larger pool of high-intent users, presenting a significant opportunity for Apple Search Ads.

PiiX operates across three interconnected layers of the acquisition funnel: ASA Traffic, CPP Intent Matching, and ASO Conversion. The platform automates bidding and keyword expansion, maps search terms to Custom Product Pages (CPP), and optimises creative and metadata to maximise install rates. By automating these decisions, the platform seeks to eliminate bottlenecks caused by manual management of thousands of keywords and bids.

The platform is built around six core capabilities, including automated bidding, intelligent keyword expansion, and audience intelligence. It features smart CPP mapping, which can deliver up to 35 to 50% higher conversion rates compared to generic product pages. Additionally, 24/7 real-time optimisation ensures campaigns run at peak efficiency without constant human intervention, while human-AI collaboration combines automation with strategic oversight.

Metric Value
Weekly App Store visitors 850M+
iOS downloads starting with search 65%
Conversion rate at top search result >60%
Apple advertising business growth 15%
Revenue linked to app install ads 95%

Mobavenue AI Tech intends to expand PiiX's capabilities across the broader iOS ecosystem, including SKAN Ads, iOS advertising, and iOS retargeting. The platform integrates the intelligence of an analytics platform with execution capabilities, filling a gap in the Indian market for such integrated solutions. The company stated that the AI underlying the platform improves with every campaign run.

Historical Stock Returns for Mobavenue AI Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+4.61%+38.32%+18.82%+135.46%+12,969.92%

How will competitors in the app marketing space respond to Mobavenue's integration of analytics with execution capabilities?

What impact will PiiX's automation have on the cost-per-install (CPI) trends within the Apple Search Ads ecosystem?

Could the success of PiiX prompt Apple to introduce similar native AI-driven automation tools for App Store advertising?

More News on Mobavenue AI Tech

1 Year Returns:+135.46%