Mobavenue AI Tech unveils preferential share issue, ESOP, and relocation plans

On November 21, 2025, Mobavenue AI Tech Limited’s board of directors approved several key strategic initiatives. These include a preferential issue of up to 919,117 equity shares at a price of INR 1,088 per share, totaling INR 999,999,296. The proceeds will be allocated for strategic acquisitions and investments (75%), growth expansion and technological advancements (15%), and general corporate purposes (10%).

The company also approved an increase in its authorized share capital from INR 160,000,000 to INR 200,000,000, divided into 20,000,000 equity shares of INR 10 each, subject to shareholder approval. Additionally, the board sanctioned the introduction of the 'Mobavenue AI Tech Limited Employee Stock Option Scheme 2025,' which plans to grant 750,000 employee stock options.

Mobavenue AI Tech’s registered office will also shift from Indore, Madhya Pradesh, to Mumbai, Maharashtra, pending shareholder approval. This restructuring aims to drive sustainable growth, strengthen technological capabilities, and enhance long-term shareholder value.