Stock Split: Mobavenue AI Tech has approved the sub-division of equity shares or stock split. In an exchange filing, Mobavenue AI Tech said that its board has cleared a stock split proposal in the ratio of 5:1.
The stock split ratio of 5:1 means that each share will split into five new shares. After the stock split takes effect, the existing face vale of Rs 10 will become Rs 2.
"Sub-division/split of 1 (one) equity share of face value of Rs. 10/- (Rupees Ten Only) each, fully paid- up, into 5 (Five) equity shares of face value of Re 2/- (Rupee Two Only) each, fully paid up, subject to the approval of the shareholders of the Company and such other regulatory / statutory approvals as may be required," Mobavenue AI Tech said in filing.
Mobavenue AI Tech is yet to announce the record date for the stock split. On the record date, Mobavenue AI Tech said, "The record date for the purpose of the sub-division shall be intimated in due course."
This is the first-ever stock split announcement by Mobavenue AI Tech.
Mobavenue AI Tech had, in February 2026, paid an interim dividend of Re 0.50 to its investors. Before this, Mobavenue AI Tech paid an interim dividend (Re 0.50) to its shareholders in November 2025.
Mobavenue AI Tech, formerly known as Lucent Industries Limited, is a digital-first technology company offering AI-powered advertising and consumer growth platforms.
Meanwhile, Mobavenue AI is currently investing in the next generation of its AI advertising infrastructure, spanning predictive audience intelligence, real-time campaign optimisation, and privacy-first data solutions.
Mobavenue AI Tech shares closed lower by 2.6 per cent at Rs 1,235 on Friday (March 20).
Mobavenue AI Tech shares have delivered a multibagger return of 102 per cent in the last one year. In two, three and five years, Mobavenue AI Tech shares have skyrocketed more than 2,000 per cent, 3,100 per cent and 8,500 per cent, respectively.
Mobavenue AI Tech commanded a market capitalisation of Rs 1,852.50 crore, according to BSE data as on March 20.
