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Mobavenue AI Tech inform about memorandum of understanding

05 Dec 2025 Evaluate

Mobavenue AI Tech has informed that Mobavenue Media, a Wholly Owned Subsidiary of the company (Formerly Known as Lucent Industries), has executed a Memorandum of Understanding (‘MOU’) on 26th November 2025 with the Kuppam Area Development Authority (‘KADA’), Government of Andhra Pradesh. The MOU sets out a collaborative framework for the ‘Discovery of Kuppam’ initiative, aimed at promoting awareness of the Kuppam region across digital media channels using the Mobavenue Platform. The project focuses on showcasing the region’s holistic development, including tourism, healthcare, education, sanitation, public amenities, political governance, and public welfare schemes. This disclosure is being made in the interest of shareholders and to ensure adequate transparency. 

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

Peers
Company Name CMP
TCS 2072.45
Infosys 1011.25
HCL Technologies 1244.25
Wipro 163.50
Tech Mahindra 1547.10
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