Mobavenue AI Tech Limited Announces Board Approval for Stock Split of Equity Shares

Mobavenue AI Tech Limited ("Mobavenue AI" or the "Company"), a digital-first technology company offering AI-powered advertising and consumer growth platforms, today announced that its Board of Directors, at its meeting held on Wednesday, March 18, 2026, has approved the stock split of the Company's equity shares in the ratio of 1:5, subject to shareholders' approval.

The Board has approved the stock split of 1 (one) equity share having a face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, into 5 (Five) equity shares of face value of Rs. 2/- (Rupees Two only) each, fully paidup. This move comes at a point of meaningful momentum for the Company. Mobavenue AI has been scaling its AI-powered advertising and consumer growth platform across geographies, deepening integrations with global advertising ecosystems, and expanding its revenue base across mobile, programmatic, and data-driven channels. The Board views enhanced market participation as a natural extension of that growth story.

Commenting on the development, Kunal Kothari, Chairman, Co-founder & COO of Mobavenue AI Tech Limited, said, "We have a strong conviction in what we are building and the long-term opportunity ahead. The Board's decision aligns with our broader strategic roadmap and capital market objectives. Our focus remains on scaling our AI-powered platforms to deliver consistent, measurable outcomes and long-term value for our stakeholders and clients."

Mobavenue AI is currently investing in the next generation of its AI advertising infrastructure, spanning predictive audience intelligence, real-time campaign optimisation, and privacy-first data solutions. These capabilities are aimed at strengthening the Company's long-term capital market positioning and reinforcing its broader ambition to be a globally recognised adtech platform.

The proposal is subject to the approval of the Company's shareholders and to any other regulatory or statutory approvals required under applicable laws.

Shares of Mobavenue AI Tech Limited was last trading in BSE at Rs. 1238.20 as compared to the previous close of Rs. 1179.40. The total number of shares traded during the day was 1558 in over 95 trades.

The stock hit an intraday high of Rs. 1238.35 and intraday low of 1215.00. The net turnover during the day was Rs. 1924875.00.

Source : Equity Bulls

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MobavenueAITech INE622Q01019 SubDivision StockSplit