Lucent Industries Ltd — Updates, 08-07-2025: Company Update

Lucent Industries has announced a board meeting on the approval of acquiring 100% equity shares of Mobavenue Media Private Limited, making it a wholly-owned subsidiary. Mobavenue, an AI-powered, cloud-based advertising and consumer growth platform, enhances Lucent’s foothold in digital technology, media, and data-driven marketing. Mobavenue reported revenue of ₹149.98 Cr (FY25 unaudited) with strong growth and a focus on AI-powered advertising across multi-platforms like mobile, CTV, OTT, and more. This acquisition positions Lucent to capitalize on the expanding digital advertising market, driving long-term value for shareholders through advanced technology and market expansion.