Lucent Industries Ltd — Others, 30-07-2025: AGM/EGM

Lucent Industries is seeking shareholder approval for several strategic initiatives. The company plans to acquire 100% of Mobavenue Media Private Limited for up to 59.68 Cr to enhance operational synergies and market presence, making it a wholly-owned subsidiary. Shareholder approval is also sought for related party transactions with Mobavenue Media, PDavenue Marketing, and Mobavenue Global Holdings, covering sales/purchases and intercorporate loans/advances totaling up to 35 Cr, 15 Cr, and 20 Cr respectively. To support future growth, borrowing limits are proposed to increase to 250 Cr, and investment limits to 150 Cr. Additionally, the company plans to change its name to 'Mobavenue AI Tech Limited' for brand alignment.