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Lucent Industries informs about opening of branch office by subsidiary in UK

11 Jul 2025 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lucent Industries has informed that Mobavenue Global Holdings wholly owned subsidiary of the Company, incorporated in London, United Kingdom (‘UK’), will be opening branch office in the UK. This strategic move marks another significant milestone for the Company, following the recent acquisition of Mobavenue Media, as approved by the Board of Directors in its meeting held on 2nd July 2025 and duly intimated to the stock exchange. The establishment of this branch office is aligned with its long-term vision to expand global operations and strengthen its presence in international markets. This expansion will: • Broaden the range of cutting-edge digital and marketing solutions offered by the Company; • Enable direct engagement with clients in the European region; • Accelerate revenue growth through new business opportunities; and • Deepen the Company’s global footprint as part of its organic growth strategy. This initiative reinforces its commitment to delivering sustainable value to shareholders and stakeholders by continuously enhancing its global capabilities and market reach.

The above information is a part of company’s filings submitted to BSE.

Mobavenue Ai Tech Share Price

1225.00 5.85 (0.48%)
17-Apr-2026 16:59 View Price Chart
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