Mobavenue Undertakes Sustainability Drive, Plants 15,000 Trees and Supports Healthcare Initiatives
Mobavenue Media Private Limited (MMPL), a wholly owned subsidiary of Mobavenue AI Tech Limited (MATL), has undertaken significant sustainability and community-focused initiatives during Fiscal Year 2025-26. These efforts were framed under the company's corporate social responsibility framework, focusing on environmental preservation, livelihood generation, and community health.In its plantation initiative, the company planted 15,000 trees across identified locations in the Mirzapur and Sonbhadra districts of Uttar Pradesh. The plantation, which includes a mix of fruit-bearing and non-fruit-bearing trees, was implemented with the participation of approximately 88 local farmers and community members, thereby supporting local biodiversity and livelihood generation.
The scale of this plantation effort was aligned with an internal benchmark of 75 trees per employee across the company's workforce. The environmental impact of this project is considerable, with the plantation initiative estimated to contribute to the carbon sequestration of approximately 10,000 tonnes over a period of twenty years.
| Metric | Detail | Value |
|---|---|---|
| Total Trees Planted | N/A | 15,000 |
| Geographical Area | Mirzapur and Sonbhadra (UP) | N/A |
| Carbon Sequestration Estimate | Over 20 years | 10,000 tonnes |
| Employee Benchmark | Trees per employee | 75 |
Beyond environmental stewardship, Mobavenue focused on healthcare-related CSR initiatives. The company conducted awareness sessions under the Cervical Cancer Mukt Bharat Abhiyan across two schools. These sessions reached 358 individuals, including parents, teachers, and students. As part of this medical awareness drive, 125 doses were administered to improve access to preventive healthcare.
Furthermore, the company continued its support for healthcare initiatives in association with SJKRCC Trust. This support included financial aid for the medical treatment of underserved patients. The covered expenses are comprehensive, spanning medicines, medical equipment, consumables, nursing staff support, professional fees for medical practitioners, and other related general expenses.
These varied initiatives underscore the company's sustained focus on integrating environmental and social responsibility into its community engagement framework.
Stock Price Movement
Mobavenue AI Tech Ltd settled at ₹1155.05 at the close of trade on Tuesday, recording a decline of 3.09%. The stock experienced significant intraday movement, finding its price bounds between ₹1151.10 and ₹1194.95.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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