BSEMobavenue AI Tech LtdMediumPositive
Announced Mon, 9 Mar · 08:39 IST

Mobavenue AI Tech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/03/2026 ,inter alia, to consider and approve Intimation of Board Meeting

Stock SplitCorporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mobavenue AI Tech Ltd (formerly Lucent Industries Limited) has informed BSE that its Board of Directors will meet on 18th March 2026. The main agenda item is to consider and approve a stock split or sub-division of the company's existing equity shares, which currently have a face value of Rs. 10 each. The final ratio and face value will be determined by the Board, subject to shareholder and regulatory approvals. The trading window for designated persons has been closed from 10th March 2026 until 48 hours after the board meeting concludes.

Likely market impact

A stock split makes shares more affordable and can improve liquidity, often leading to positive short-term market sentiment. Shareholders should await the final ratio and face value to be announced post the board meeting on 18th March 2026.