Mobavenue AI Tech to raise capital, launch ESOP, and relocate

Mobavenue AI Tech Limited will hold an extra-ordinary general meeting (EOGM) on Friday, December 19, 2025, to approve several key initiatives. The company plans to increase its authorized share capital from INR 16,00,00,000 to INR 20,00,00,000 by creating an additional 40,00,000 equity shares of INR 10 each. This move supports a proposed preferential issue and provides headroom for a new employee stock option scheme (ESOP 2025).

The company will raise INR 99,99,99,296 through a preferential issue of 9,19,117 equity shares at INR 1,088 per share to non-promoter investors. Proceeds will fund strategic acquisitions and investments (75%), growth expansion and technological advancements (15%), and general corporate purposes (10%). Additionally, Mobavenue AI Tech will relocate its registered office from Madhya Pradesh to Maharashtra and accept unsecured loans totaling INR 60 crore from three directors: Ishank Joshi, Kunal Kothari, and Tejas Rathod, to meet strategic acquisition requirements and business expansion initiatives.

The ESOP 2025 scheme will allow the company to grant up to 7,50,000 employee stock options, convertible into equity shares, to eligible employees. These options will vest over a maximum of four years in a graded manner. The company anticipates no change in management or control as a result of the preferential issue.