Pursuant to the approval of the Board of Directors and members of the Company at its meeting held on November 21, 2025, and December 19, 2025 respectively, Mobavenue AI Tech has informed that the Company has received the in-principle approval from BSE for the proposed preferential issue of equity shares. The preferential issue involves raising of funds aggregating up to Rs. 99,99,99,296/- by way of issuance of up to 9,19,117 fully paid-up equity shares of face value of Rs. 10/- each at an issue price of Rs. 1,088/- per equity share. A copy of the in-principle approval letter issued by BSE is enclosed.
The above information is a part of company’s filings submitted to BSE.
