Route Mobile Limited — Capital/Financing Update 2021

Nov 12, 2021

Ref: RML/2021-22/155

Date: November 12, 2021

To, National Stock Exchange of India Limited BSE Limited Scrip Code: ROUTE Scrip Code: 543228

Dear Sir/Madam,

Re: Qualified institutions placement (“QIP” or “Issue”) 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

Further to our letter dated November 12, 2021, intimating you about the closure of the QIP, approval of the Issue Price, and approval and finalisation of the confirmation of allocation note to be sent to eligible QIBs, we wish to inform you that in respect of the QIP, the Fund Raising Committee of the Company has, at its meeting today approved and adopted the Placement Document dated November 12, 2021 in connection with the QIP.

The Committee’s meeting commenced at 11:40 P.M. and was concluded at 11:50 P.M.

The QIP was opened on November 8, 2021 and the same was intimated to you pursuant to our letter dated November 8, 2021.

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

Thanking you, Yours truly,

For Route Mobile Limited

_________

Rathindra Das Head Legal, Company Secretary and Compliance Officer