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Lucent Industries: Stock jumps 3% after acquiring 100% stake in Mobavenue Media

News by Aliceblue News Desk

04 Sept 2025

Lucent Industries: Stock jumps 3% after acquiring 100% stake in Mobavenue Media

Introduction

Leading diversified business group has signed a Share Purchase Agreement to acquire 100 percent equity in a digital media company. The deal, valued at about Rs 59.68 crores, received shareholder approval through postal ballot.

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Share price movement of Lucent Industries

On September 4, 2025, Lucent Industries Ltd opened at ₹1,100.00, up 2.32% from its previous close of ₹1,075.10. The stock touched a high of ₹1,100.00 and a low of ₹1,094.50. By 10:17 AM, it traded at ₹1,100.00 with a market cap of ₹1,650.00 crore.

Lucent Industries Signs SPA to Acquire Mobavenue

Lucent Industries Limited has signed a Share Purchase Agreement with Mobavenue Media Private Limited and its existing shareholders. The agreement follows shareholder approval by ordinary resolution through postal ballot on August 29, 2025. The acquisition was earlier approved by the company’s Board.

The acquisition involves purchase of 100 percent equity shares of Mobavenue Media Private Limited. The deal will be completed within 90 days. The total cash consideration amounts to about Rs 59.68 crores at Rs 57,890 per share.

Post acquisition, Lucent Industries will hold full ownership of Mobavenue Media. Mobavenue operates in India and has presence in Singapore, Russia, UAE, Australia, UK, USA, Indonesia, and Malaysia. Further details were disclosed under SEBI regulations.

Stock performance of Lucent Industries for Period of 1 week, 6 months, and 1 year

Lucent Industries Ltd delivered a 0.23% return over the past week. The stock gained 77.6% in the past six months and surged 207% over the past year.

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Shareholding pattern of Lucent Industries

ParticularsJun 2025Mar 2025Dec 2024
Promoter67.60%67.60%67.60%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public32.40%32.40%32.40%

About Lucent Industries

Lucent Industries Ltd (BSE: 539682), incorporated in 2010, offers vocational courses, skill development, corporate training, assessments, placements, and HR solutions. The company also provides integrated talent management and business excellence services across sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Lucent Industries Ltd share price going up today?

A: Lucent Industries Ltd share price is rising after the company signed a Share Purchase Agreement with Mobavenue Media Private Limited.

Q: What does Lucent Industries Ltd specialize in?

A: Lucent Industries Ltd specializes in vocational courses, skill development, corporate training, assessments, placements, talent management, and HR solutions.

Q: What is the market capitalization of Lucent Industries Ltd?

A: The market capitalization of Lucent Industries Ltd currently stands at around ₹1,650 crore as per latest available data.

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