Mobavenue AI Tech Postal Ballot: 1:5 Stock Split

Mobavenue AI Tech Limited (formerly Lucent Industries) dispatched a Postal Ballot Notice on March 31, 2026 seeking shareholder approval for three special business items.
Item 1 proposes a 1:5 stock split, reducing face value from Rs. 10 to Rs. 2, increasing paid-up shares from 1,54,59,558 to 7,72,97,790.
Item 3 seeks Special Resolution to amend MOA Clause III(B) to enable loans, corporate guarantees, and personal guarantees for group entities.
E-voting via NSDL runs from April 1 to April 30, 2026; results to be declared on or before May 5, 2026.