Mobavenue AI Tech Limited has declared a 5% interim dividend of Rs. 0.50 per equity share for FY 2025-26, with record date February 20, 2026. The company has issued comprehensive TDS guidelines for resident shareholders (10% with valid PAN, 20% without PAN) and non-resident shareholders (20% standard rate, with DTAA benefits available). All required documentation must be submitted by February 20, 2026, by 5:00 p.m. IST to ensure appropriate tax deduction rates.
Mobavenue AI Tech Limited Declares 5% Interim Dividend with Record Date February 20, 2026
Mobavenue AI Tech Limited has announced an interim dividend for its shareholders, along with detailed guidelines on tax deduction provisions. The company, formerly known as Lucent Industries Limited, communicated this development to BSE Limited on February 12, 2026.
Interim Dividend Declaration
The Board of Directors of Mobavenue AI Tech Limited, at their meeting held on February 11, 2026, declared an interim dividend for the financial year 2025-2026. The dividend details are structured as follows:
Parameter: Details Dividend Rate: 5% Amount per Share: Rs. 0.50 Face Value: Rs. 10.00 per equity share Record Date: February 20, 2026 Document Submission Deadline: February 20, 2026, by 5:00 p.m. IST
The dividend will be paid to shareholders whose names appear in the Register of Members of the company or in the records of the Depositories as beneficial owners as at the close of business hours on the record date.
TDS Provisions for Resident Shareholders
In accordance with the Income Tax Act, 1961, as amended by the Finance Act, 2020, the company is required to deduct TDS from dividend payments. For resident shareholders, the TDS structure varies based on PAN availability and other conditions:
Condition: TDS Rate Valid PAN available: 10% No PAN or invalid PAN: 20% Dividend below Rs. 10,000 (with valid PAN): Nil Form 15G/15H submitted (eligible cases): Nil
Resident individual shareholders may be exempt from TDS if their aggregate dividend for financial year 2025-26 does not exceed INR 10,000, or if they provide duly signed Form 15G or Form 15H meeting all prescribed eligibility conditions.
TDS Provisions for Non-Resident Shareholders
Non-resident shareholders face different TDS rates and documentation requirements:
Category: TDS Rate Standard rate: 20% (plus applicable surcharge and cess) DTAA benefits (with proper documentation): Beneficial treaty rate Incomplete documentation: 20% (plus applicable surcharge and cess)
To avail Double Tax Avoidance Treaty (DTAA) benefits, non-resident shareholders must provide:
Self-attested copy of Permanent Account Number (PAN)
Tax Residency Certificate (TRC) for Financial Year 2025-26
Completed and signed Self-Declaration in Form 10F
Self-declaration of having no Permanent Establishment in India
Self-declaration of Beneficial ownership
Documentation and Compliance Requirements
Shareholders must submit all required documents to compliance@mobavenue.ai on or before February 20, 2026. The company emphasizes that incomplete, unsigned, or late submissions will not be entertained. Key requirements include:
KYC Updates: Shareholders holding dematerialized shares should update records through their depository participants
Physical Share Holders: Must update details with Satellite Corporate Services Private Ltd. (RTA)
Bank Details: Electronic payment mandatory for physical shareholders as per SEBI regulations effective April 1, 2024
Multiple Folios: Higher applicable tax rate will apply across all holdings under a single PAN
Payment and Processing Details
The company will rely on data shared by the Registrar and Transfer Agent (RTA) as on the record date for TDS purposes. Shareholders holding shares in physical form must ensure their bank account details are updated with the RTA to facilitate direct credit of dividends, as SEBI has mandated electronic payment mode only for dividend distribution.
Shareholders who face higher TDS deduction due to incomplete documentation retain the option to file income tax returns and claim appropriate refunds if eligible. The company has made all relevant information and forms available on its website at www.mobavenue.ai .
Mobavenue AI Tech Limited announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 30 of SEBI Listing Regulations. The Board of Directors approved these results during their meeting held on February 11, 2026, demonstrating robust growth across key financial metrics driven by strong direct advertiser demand and global expansion.
Outstanding Financial Performance
The company delivered exceptional growth in the third quarter, with consolidated results reflecting strengthened position in the digital media and advertising sector. Year-on-year revenue growth was driven by strong direct advertiser demand across structurally expanding sectors such as Quick Commerce, BFSI, Fintech & Retail, along with sustained platform momentum in Connected TV and Video advertising-based platforms.
Metric: Q3FY26 Q3FY25 Growth (%) Revenue from Operations: ₹5,512 lakhs ₹3,297 lakhs +67.2% EBITDA: ₹1,225 lakhs ₹575 lakhs +113.0% EBITDA Margin: 22.2% 17.4% +480 bps Profit After Tax: ₹761 lakhs ₹367 lakhs +107.4% PAT Margin: 13.8% 11.1% +270 bps
For the nine-month period, the company achieved revenue from operations of ₹15,585 lakhs with EBITDA of ₹3,202 lakhs and PAT of ₹2,091 lakhs, representing significant year-over-year expansion across all parameters.
Corporate Actions and Dividend Declaration
The Board of Directors approved several important corporate actions during their February 11, 2026 meeting. The company declared an interim dividend of 5%, demonstrating confidence in its financial position and commitment to shareholder returns.
Parameter: Details Interim Dividend: ₹0.50 per equity share (5%) Face Value: ₹10 per share Record Date: February 20, 2026 Payment Timeline: Within statutory timelines
Notably, promoters Ms. Prachi Kothari, Mr. Kunal Kothari, and Mr. Tejas Rathod voluntarily waived their entitlement to receive the interim dividend to enhance overall shareholder value.
Preferential Share Allotment Details
The company completed a preferential allotment of 4,59,558 fully paid-up equity shares to non-promoter investors. The allotment was executed at ₹1,088 per share, including a premium of ₹1,078 per share.
Allottee Details: Information Total Shares Allotted: 4,59,558 shares Issue Price: ₹1,088 per share Premium: ₹1,078 per share Total Amount Raised: ₹49,99,99,104 Category: Non-Promoters
Business Operations and Strategic Focus
Mobavenue AI Tech Limited operates as a digital-first technology company engaged in AI-powered advertising and marketing platforms. The performance was driven by the continued advancement of their GMP 360 Stack and strengthening of proprietary platforms including PrsmX and SurgeX. Revenue growth was supported by increased new direct client additions, agency-driven spends, reseller partnerships and growth in international operations.
Commenting on the results, Mr. Ishank Joshi, Managing Director & CEO, stated that crossing ₹155 crore in revenue over the first nine months while sustaining EBITDA margins above 20% reflects the strength of their platform-led model and disciplined execution in a dynamic global environment.
Regulatory Compliance and Governance
The financial results were prepared in accordance with Indian Accounting Standards and SEBI regulations. The company operates through subsidiaries including Mobavenue Media Private Limited, Mobavenue Global Holdings Limited (UK), and step-down subsidiary Surge Company LLC (Russia). The results demonstrate broad-based growth across geographies and verticals, supported by outcome-linked engagements and data-driven optimization.
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