Mobavenue Plants 15000 trees to offset-10,000 Tonnes of carbon footprint and supports sustainability and healthcare initiatives
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Mobavenue AI Tech's wholly-owned subsidiary MMPL has completed a CSR initiative planting 15,000 trees across Mirzapur and Sonbhadra districts in Uttar Pradesh, expected to sequester approximately 10,000 tonnes of carbon over 20 years. The plantation involved ~88 farmers and community members, aligning with a company benchmark of 75 trees per employee. Separately, the company conducted cervical cancer awareness sessions under a government campaign across two schools, reaching 358 individuals and administering 125 vaccine doses. Financial support was also provided to SJKRCC Trust for medical treatment of underserved patients.
This is a standard CSR disclosure with no direct financial or operational impact on revenue, contracts, or guidance. It reflects community engagement and ESG activity but does not signal any change in business performance or prospects for shareholders.