Mobavenue AI Tech Limited has announced a board meeting scheduled for Wednesday, March 18, 2026, to consider a significant corporate action involving the restructuring of its equity shares. The meeting will focus on the potential stock split/sub-division of the company's existing equity shares, marking an important development for shareholders and market participants.

Board Meeting Details

The board meeting has been convened under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda item involves the consideration and approval of stock split/sub-division of existing equity shares.

Stock Split Proposal

The board will deliberate on subdividing the company's existing equity shares, which currently carry a face value of Rs. 10/- each. The specific details of the new share structure, including the number of shares and their respective values, will be determined by the board of directors during the meeting. This corporate action is subject to multiple approvals including shareholder consent and necessary regulatory clearances under applicable laws.

Trading Window Restrictions

In accordance with insider trading prevention measures, Mobavenue AI Tech Limited has implemented a trading window closure effective from March 10, 2026. This restriction applies to all designated persons and their immediate relatives, ensuring compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Company Background

Mobavenue AI Tech Limited, formerly known as Lucent Industries Limited, operates with its registered office located at 208, White Lotus Plaza, 1 Avantika Nagar, Scheme No. 51 Sangam Nagar, Army Head Quarter Indore, Madhya Pradesh. The company maintains its corporate office in Mumbai, Maharashtra, and is led by Chairman & Chief Operating Officer Kunal Kothari.

The announcement represents a significant corporate development that will require careful consideration by the board and subsequent approval processes. Shareholders and market participants will await the outcome of the March 18, 2026 board meeting to understand the final structure of the proposed stock split.

Mobavenue AI Tech Limited announced that its Chairman, Co-founder & Chief Operating Officer, Mr. Kunal Kothari, participated in the India-AI Impact Summit 2026 held on February 18, 2026 in New Delhi. The company disclosed this development in a regulatory filing dated February 24, 2026, highlighting the strategic importance of such high-level engagements for its global AI initiatives.

Global AI Summit Participation

The India-AI Impact Summit 2026 marked a significant milestone as the first-ever global AI convening hosted in the Global South. The summit brought together a diverse group of stakeholders to deliberate on artificial intelligence's transformative potential across various sectors.

High-Level Diplomatic Engagement

During his visit to New Delhi, Mr. Kothari had the honor of meeting His Excellency Tshering Tobgay, Prime Minister of the Kingdom of Bhutan, at a special interaction hosted at the Bhutanese Embassy. The engagement provided valuable insights into Bhutan's unique approach to development and governance.

The discussion encompassed several key areas:

• Bhutan's development philosophy centered around Gross National Happiness
• The importance of balancing economic progress with societal well-being
• Opportunities for strengthening travel and tourism visibility for Bhutan
• Enhancing global engagement while preserving environmental integrity and cultural heritage

According to the company's filing, the Prime Minister's leadership qualities, including his wit, high energy, humility, and deep sense of purpose, were distinctly evident throughout the interaction, reinforcing the value of leadership grounded in clarity, values, and long-term vision.

Strategic Alignment with Company Vision

Mobavenue AI Tech Limited emphasized that such high-level engagements provide valuable global perspective and strengthen its strategic understanding of evolving AI ecosystems across emerging markets. These interactions align with the company's long-term vision of building AI-native technology platforms from India for the world.

About Mobavenue AI Tech Limited

Mobavenue AI Tech Limited positions itself as a digital-first technology group focused on shaping the future of digital advertising and marketing through AI-powered platforms and consumer media solutions. The company operates with a proprietary A3 framework comprising Awareness, Acquisition, and Activation, designed to accelerate brand performance, enhance customer engagement, and unlock long-term sustainable growth.

Guided by its "AI for Good" philosophy, the company is committed to creating transformative AI-Native technologies from India for the world, enabling businesses to thrive in today's dynamic digital economy. The company's approach combines product innovation, deep data-driven insights, and execution excellence to empower enterprises in their digital growth journey.