Mobavenue ai tech Limited has announced that its wholly owned subsidiary, Mobavenue Media Private Limited (MMPL), has secured two prestigious Gold awards at the AdTech Honours by ad:tech India. The recognition underscores the company's excellence and innovation in digital advertising technology.

Award Categories and Recognition

MMPL received Gold awards in two distinct categories that showcase its technological capabilities:

These awards reflect the company's continued focus on advancing programmatic capabilities and leveraging artificial intelligence to deliver data-driven and performance-oriented creative solutions.

Enhanced Capabilities and Technology Focus

Over the past year, MMPL has significantly strengthened its capabilities across connected TV and programmatic media. The subsidiary has maintained a continued focus on AI-led optimisation, enabling brands to reach high-intent audiences with greater precision and efficiency. By leveraging its proprietary technology stack, the company continues to transform digital advertising into outcome-focused strategies that enhance engagement, optimise media investments, and drive measurable business results.

Company Profile and Vision

Mobavenue AI Tech Limited positions itself as a digital-first technology group shaping the future of digital advertising and marketing through AI-powered platforms and consumer media solutions. The company is designed to drive measurable and scalable growth by bringing together advertising, marketing technology, data intelligence, and online strategy into a unified, outcome-focused ecosystem.

At the core of its innovation is the proprietary A3 framework comprising:

• Awareness: Building brand recognition
• Acquisition: Customer acquisition strategies
• Activation: Customer engagement and retention

This framework is built to accelerate brand performance, enhance customer engagement, and unlock long-term, sustainable growth.

AI for Good Philosophy

With a strong focus on product innovation, deep data-driven insights, and execution excellence, Mobavenue empowers enterprises to grow digitally and achieve measurable performance. Guided by its "AI for Good" philosophy, the company is committed to creating transformative AI-Native technologies from India for the world and enabling businesses to thrive in today's dynamic digital economy.

The company has formally communicated this achievement to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper disclosure to stakeholders and the investment community.

Mobavenue AI Tech Limited has announced significant corporate developments following its Board of Directors meeting held on March 18, 2026. The board approved multiple strategic initiatives including a 1:5 stock split, memorandum alterations, and key leadership transitions with the appointment of Mr. Vijay Basantani as the new Group CFO effective April 1, 2026.

Stock Split and Capital Structure Enhancement

The board approved a 1:5 stock split, converting each equity share of face value ₹10 into 5 shares of face value ₹2 each, subject to shareholder approval. The subdivision aims to enhance share liquidity and make them more accessible to a broader investor base, supporting the company's growth momentum in AI-powered advertising platforms.

The company stated that the sub-division equity shares are undertaken with a view to enhance liquidity of the company's shares in the stock market and to make them more affordable and accessible to a wider base of investors. The stock split is expected to increase trading volumes and broaden the shareholder base without affecting the overall capital structure or intrinsic value.

Leadership Transition and Strategic Appointments

The board formalized the leadership transition with Tejas Rathod stepping down from his CFO role effective March 31, 2026, while continuing as Whole-time Director. Simultaneously, the company appointed Vijay Basantani as the new Group Chief Financial Officer and designated Rathod as Chief Technology Officer, both effective April 1, 2026.

Tejas Rathod confirmed in his resignation letter that the decision was taken pursuant to an internal realignment of roles and responsibilities, enabling him to devote greater focus towards the company's technology, product development and innovation initiatives.

New Group CFO Profile and Strategic Focus

Vijay Basantani brings over two decades of experience as a seasoned Chartered Accountant. He has held key roles across globally recognized organizations including Omnicom Media Group, Mahindra & Mahindra, Infosys Technologies, and Dentsu. His expertise spans strategic finance, operational finance, corporate governance, business planning, financial controllership, and enterprise risk management.

Basantani has built a reputation for strengthening financial systems, enhancing governance frameworks, improving profitability and enabling informed decision-making at the leadership level.

Memorandum of Association Amendments

The board approved alterations to the Memorandum of Association, subject to shareholder approval. Key changes include alteration of Capital Clause (Clause V) pursuant to the stock split and modification of Objects Incidental or Ancillary to the Attainment of the Main Objects (Clause III B).

Regulatory Compliance and Implementation

All announcements comply with Regulation 30 of SEBI Listing Regulations and SEBI Master Circular requirements. The stock split proposal is subject to shareholder approval and regulatory approvals required under applicable laws. The company will seek shareholder approval through postal ballot, with the notice to be submitted to stock exchanges in due course. Company Secretary Manali Gohil signed the regulatory filing, confirming compliance with all disclosure requirements. The board meeting commenced at 1:00 PM and concluded at 2:45 PM.