Mobavenue AI Tech
1,175.00
-2.50(-0.21%)
Market Cap₹1,762.55 Cr
PE Ratio78.76
Company Performance:
1D-0.21%
1M-1.09%
6M+4.04%
1Y+94.21%
5Y+9,849.20%
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More news about Mobavenue AI Tech
12Sept 25
Lucent Industries' Acquisition Target Mobavenue Wins Prestigious 'Champion of Scale' Award
Mobavenue Media Private Limited, set to be acquired by Lucent Industries, won the 'Champions of Scale Award' at the Aerospike APJ Summit in Bangalore. Mobavenue was among 11 winners out of over 50 nominees, alongside major tech companies like Flipkart and InMobi. This recognition comes after Lucent Industries announced plans to acquire 100% of Mobavenue's equity shares on September 3, 2025. Lucent's CEO, Ishank Joshi, stated that this award validates Mobavenue's strategic growth potential. An investor/analyst meet is scheduled for September 16, 2025, in Mumbai to discuss recent developments.
06Sept 25
Lucent Industries Promoters Significantly Boost Stakes Through Share Purchase Agreement
Three promoter group members of Lucent Industries Limited have substantially increased their stakes through a share purchase agreement. Kunal Kothari, Prachi, and Tejas Rathod each raised their holdings from 9.21% to approximately 22.53-22.54%. The acquisitions were part of a larger open offer for 26% of the company's share capital. Lucent Industries has a total equity share capital of 1,50,00,000 shares with a face value of Rs. 10 each.
04Sept 25
Lucent Industries Acquires Mobavenue Media for ₹60 Crore in All-Cash Deal
Lucent Industries Limited (LIL) has acquired 100% equity shares of Mobavenue Media Private Limited (MMPL) for approximately ₹60 crore in an all-cash deal. The acquisition, approved by shareholders on August 29, 2025, values MMPL at ₹57,890.00 per share. MMPL, an AI-powered advertising and consumer growth technology company, will become a wholly-owned subsidiary of LIL. The move aims to enhance LIL's position in the digital advertising and marketing technology sector, integrating MMPL's expertise and technology to create value and improve competitiveness.
30Jul 25
Lucent Industries Seeks Shareholder Approval for Major Transactions and Name Change
Lucent Industries Limited, an advertising and digital marketing company, has announced several proposals requiring shareholder approval via postal ballot. These include material related party transactions with MMPL, PMPL, and MGHL for advertising services and loans. The company plans to acquire 100% of Mobavenue Media Private Limited for up to ₹59.68 crore. Lucent also seeks to increase its borrowing limit to ₹250.00 crore and investment limit to ₹150.00 crore. Additionally, the company proposes changing its name to 'Mobavenue AI Tech Limited'. Shareholders can vote electronically from July 31, 2025, to August 29, 2025.
14Jul 25
Lucent Industries Unveils 'OrbitX': A Game-Changing AI-Driven Advertising Tool
Lucent Industries has announced the launch of 'OrbitX', an AI-powered search and contextual advertising tool, through its subsidiary Mobavenue Global Holdings Limited. OrbitX is designed as a next-generation performance marketing engine for global markets, utilizing machine learning algorithms and proprietary optimization logic. The tool aims to enhance user intent mapping, provide precision contextual targeting, and maximize ROI for advertisers. This launch follows Lucent's recent acquisition of Mobavenue Media Private Limited and represents a significant step in the company's global technology roadmap in the AI-powered MarTech space.
02Jul 25
Lucent Industries to Acquire Full Ownership of Mobavenue Media for ₹596.80 Crore
Lucent Industries, a major technology sector player, has announced plans to acquire full ownership of Mobavenue Media in a deal valued at ₹596.80 crore. This strategic move aims to strengthen Lucent's digital media presence, potentially expanding its footprint in digital advertising and marketing solutions. The acquisition is expected to enhance Lucent's capabilities in mobile advertising, expand its service offerings, and potentially increase its market share and revenue streams.
Mobavenue AI Tech
1,175.00
-2.50
(-0.21%)
1 Year Returns:+94.21%
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