Mobavenue AI Tech539682EGM date declared

EGM on November 26 to consider Special Resolution on Scheme of Merger of Transferor Company with the Company

Extraordinary General Meeting of equity shareholders on Thursday, November 26, 2026 at 3.00 P.M., through video conferencing/OAVM.

By ScoutQuest · Wed 4 Nov 2026, 10:27 PM IST · 3 min read

EGM Date: Thursday, November 26, 2026 at 3.00 P.M.
Cut-off Date: Thursday, November 19, 2026
Paid-up Capital: 7,72,97,790 equity shares of INR. 2/- each, totalling 15,45,95,580

What the notice is about

The company has called an Extraordinary General Meeting (EGM) of its equity shareholders on Thursday, November 26, 2026 at 3.00 P.M. IST. The meeting will be held through video conferencing (VC) / other audio-visual means (OAVM), and physical attendance of members has been dispensed with. This notice sets out the business to be transacted; the resolution is to be placed before shareholders for their vote.

The resolution on the table

Item No. 1: Approval of the Scheme of Merger between Mobavenue Media Private Limited ("Transferor Company") with Mobavenue AI Tech Limited ("Transferee Company") and their respective shareholders under Section 233 and other applicable provisions of the Companies Act, 2013.
The notice states the resolution is to be passed as a Special Resolution with the requisite majority, "with or without modifications".
The Scheme, which has been approved by the Board of Directors of the Transferee Company at its meeting held on September 15, 2026, is attached to and forms part of the Explanatory Statement.
Among the documents placed with the notice is a report adopted by the directors of the Transferee Company explaining the effect of the Scheme on each class of shareholders, key managerial personnel, promoters and non-promoter shareholders.
In simple terms: the listed company is the entity into which the Transferor Company is proposed to be merged, and shareholders are being asked to approve that arrangement.

Share capital of the Transferee Company

The notice sets out the capital structure as on March 31, 2026

Authorised: 2,00,00,000 equity shares of INR.10/- each, totalling 20,00,00,000.
Issued, subscribed and paid-up: 1,54,59,558 equity shares of INR. 10/- each fully paid-up, totalling 15,45,95,580.

The company then undertook a stock split, subdividing each equity share of face value INR 10/- into 5 equity shares of face value INR 02/- each. After the split:

Authorised: 10,00,00,000 equity shares of INR. 2/- each, totalling 20,00,00,000.
Issued, subscribed and paid-up: 7,72,97,790 equity shares of INR. 2/- each fully paid-up, totalling 15,45,95,580.

Note that the paid-up amount in rupees stays the same before and after the split; only the number of shares and the face value per share change.

Dates that matter for voting

Cut-off date: Thursday, November 19, 2026 - only persons recorded in the register of members or in the records of the depositories on this date can vote.
Remote e-voting window: Sunday, November 22, 2026 at 09.00 A.M. to Wednesday, November 25, 2026 at 05.00 P.M.
Meeting date: Thursday, November 26, 2026 at 3.00 P.M.
E-voting during the meeting is available for shareholders who have not already voted remotely; the facility stays open for 30 minutes after the discussion on the business in the notice concludes.
Voting rights are in proportion to the shares held in the paid-up equity share capital as on the cut-off date. A member who has voted by remote e-voting may attend the meeting but cannot vote again on the resolution.

How to read this

A merger proposal changes the shareholding and business composition of the company, so it is a decision shareholders usually track closely. The full terms and conditions sit in the Scheme and the Explanatory Statement accompanying this notice. What shareholders can act on at this stage is the vote: the resolution is proposed, and the outcome depends on the votes cast by the cut-off date and at the meeting.

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