Mobavenue AI Tech Limited has completed its quarterly regulatory filing under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company submitted the mandatory certificate to BSE Limited on April 13, 2026, ensuring compliance with securities market regulations.

Regulatory Compliance Filing

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which governs the dematerialization process of physical share certificates. Satellite Corporate Services Private Limited, serving as the company's Registrar and Transfer Agent, prepared and certified the quarterly report dated April 06, 2026.

Dematerialization Activity

The certificate confirms that no physical share certificates were received for dematerialization during the quarter ended March 31, 2026. This indicates that all existing shareholders maintained their holdings in electronic form without any conversion requests from physical certificates during the reporting period.

The regulatory framework requires companies to report on the dematerialization process, ensuring transparency in share transfer mechanisms and maintaining accurate records of ownership changes between physical and electronic formats.

Company Information

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, operates with its registered office in Indore, Madhya Pradesh, and corporate office in Mumbai, Maharashtra. The filing was signed by Kunal Kothari, Whole Time Director and Chief Operating Officer, maintaining the company's commitment to regulatory compliance and corporate governance standards.

Mobavenue AI Tech Limited has published newspaper advertisements regarding its postal ballot notice and remote e-voting facilities on April 01, 2026, in compliance with SEBI listing regulations. The company had earlier dispatched postal ballot notices to shareholders seeking approval for equity share subdivision and amendments to the Memorandum of Association.

Newspaper Advertisement Publication

The company published advertisements in two newspapers on April 01, 2026, informing shareholders about the postal ballot process:

The advertisement was published pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Manali Gohil confirmed the publication through a formal communication to BSE Limited.

Share Subdivision Proposal

The postal ballot seeks shareholder approval for subdividing equity shares from Rs. 10 face value to Rs. 2 face value. The subdivision details are:

The subdivision will split each existing equity share into 5 shares, maintaining proportionate shareholding and voting rights without impacting the total paid-up share capital of Rs. 15,45,95,580.

E-Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) for remote e-voting facilities, with CS Sandhya Malhotra appointed as Scrutinizer:

Regulatory Compliance

The postal ballot process follows provisions of Section 110 read with Section 108 of the Companies Act, 2013, and complies with MCA Circular No. 03/2025 dated September 22, 2025. The notice is being sent electronically to shareholders whose email addresses are registered with the company or depositories.

Company Information

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, operates with its registered office in Indore, Madhya Pradesh, and corporate office in Mumbai, Maharashtra. The company's shares are listed on BSE Limited with scrip code 539682.