Mobavenue Global Holdings Limited wholly owned subsidiary of Lucent Industries Limited, 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 Private Limited, 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 our long-term vision to expand global operations and strengthen our 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 our commitment to delivering sustainable value to shareholders and stakeholders by continuously enhancing our global capabilities and market reach.