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Company News Details

Lucent Industries Ltd
Industry :  Miscellaneous
BSE Code
ISIN Demat
Book Value()
539682
INE622Q01019
10.0866667
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
N.A
0
1700.33
EPS(TTM)
Face Value()
Div & Yield %
0.51
10
0
 

Lucent Industries Ltd
Lucent Industries to acquire 100% stake in Mobavenue Media
Jul 08,2025
The Board of Lucent Industries at its meeting held on 02 July 2025 had considered and approved a strategic investment by way of acquisition of 100% equity shares of Mobavenue Media (Mobavenue) from its existing shareholders, making it a wholly-owned subsidiary of the Company.

This acquisition aligns with the Company's long-term strategic vision to strengthen its presence in the digital technology, media, and data-driven performance marketing domains.

Mobavenue is an AI powered, cloud-based advertising and consumer growth platform and this acquisition is expected to unlock significant synergies and value creation opportunities for the Company and its stakeholders.

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