Route Mobile Limited — Capital/Financing Update 2021

Nov 12, 2021

Ref: RML/2021-22/156

Date: November 12, 2021

To, BSE Limited Scrip Code: 543228

National Stock Exchange of India Symbol: ROUTE

Dear Sir/Madam,

Re: Qualified institutions placement (“QIP”) of equity shares of face value of ₹ 10 each (the “Equity Shares”) to qualified institutional buyers (“QIBs”) under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”)

Sub: Outcome of the meeting of the Fund Raising Committee

We wish to inform you that the Fund Raising Committee of the Company at its meeting held today, i.e. November 12, 2021, approved the issue and allotment of 46,84,116 Equity Shares, to eligible QIBs at the issue price of ₹ 1852 per Equity Share (including a premium of ₹ 1842 per Equity Share), which takes into account a discount of 4.99 % to the floor price of ₹ 1949.24 per Equity Share, aggregating to ₹ 867.50 Crores, pursuant to the QIP in accordance with provisions of SEBI ICDR Regulations.

Pursuant to the allotment of Equity Shares under the QIP, the paid-up equity share capital of the Company stands increased from ₹ 57,91,26,920 consisting of 5,79,12,692 Equity Shares to ₹ 62,59,68,080 consisting of 6,25,96,808 Equity Shares.

The QIP opened on November 8, 2021 and closed on November 12, 2021. The same was intimated to you vide letters dated November 8, 2021 and November 12, 2021, respectively.

The Fund Raising Committee’s meeting commenced at 11:56 P.M. and concluded at 11:59 P.M.

Further find attached herewith the list of allottees who have been allotted more than five per cent (5%) of the Equity Shares of the Issue size marked as Annexure A .

We request you to take the above on record pursuant to compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you, Yours truly, For Route Mobile Limited

________ Rathindra Das Head Legal, Company Secretary and Compliance Officer

ANNEXURE A

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Number of
Equity Shares % of the Issue
Sr. No. Name of the Allottees allotted Size
STEADVIEW CAPITAL MAURITIUS
1 LIMITED 809935 17.2911
RBC ASIA PACIFIC EX-JAPAN EQUITY
2 FUND 807956 17.2488
KUBER INDIA
3 FUND 404967 8.6455
HSBC GLOBAL INVESTMENT FUNDS - ASIA EX JAPAN EQUITY SMALLER
4 COMPANIES 360000 7.6855
SOCIETE GENERALE -
5 ODI 356618 7.6133
VERDIPAPIRFONDET DNB GLOBAL EMERGING
6 MARKETS 312100 6.6629
PINEBRIDGE GLOBAL FUNDS - PINEBRIDGE ASIA EX JAPAN SMALL CAP
7 EQUITY FUND 300000 6.4046
PINEBRIDGE GLOBAL FUNDS - PINEBRIDGE INDIA EQUITY
8 FUND 280000 5.9776
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