Mobavenue AI Tech Launches Neural Engine Platform Amid Brand Transformation
Mobavenue AI Tech Ltd., formerly known as Lucent Industries Limited, has approved two significant initiatives following a Board resolution passed on July 20, 2026. The company announced the launch of its proprietary artificial intelligence (AI) powered platform, Mobavenue Neural Engine, and detailed the adoption and phased implementation of its new corporate identity.The key outcomes approved by the Board include:
- AI Platform Launch: The debut of Mobavenue Neural Engine, which is described as an AI intelligence layer integrated within the company's existing advertising technology platform.
- Brand Transformation: The adoption and subsequent phased implementation of a new Corporate Logo and Corporate Tagline as part of the ongoing brand transformation initiative.
The introduction of Mobavenue Neural Engine represents a strategic development in the company’s technological offerings, utilizing AI to enhance its core advertising technology. Concurrently, the transition to the new corporate branding will be implemented across various communication channels and business operations in a phased manner.
Stock Price Movement
Mobavenue AI Tech Ltd closed trading at ₹307.00 on Friday, having slipped by 0.90%. The shares traded through a broad intraday range, testing high levels near ₹317.00 before stabilizing closer to the lows of ₹305.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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