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Route Mobile Limited Capital/Financing Update 2021

Jul 5, 2021

61371_rns_2021-07-05_aa052f8f-98e0-40ca-925a-13c9abc4fd57.pdf

Capital/Financing Update

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Ref No: RML/2021-22/101

Date: July 5, 2021

To, BSE Limited Scrip Code: 543228

National Stock Exchange of India Limited NSE Symbol: ROUTE

Dear Sir/Madam,

Sub: Route Mobile Limited (‘the Company’): Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

We had informed the Exchange vide our letter dated July 1, 2021 (Ref No: RML/2021-22/96), of Company’s entering into a Business Transfer Agreement (‘BTA’) on July 1, 2021 with Sarv Webs Private Limited, Rajasthan, India for acquisition of primarily intellectual property (‘software’) and its associated identified customer contracts (‘business’), on a slump sale basis, subject to fulfilment of terms and condition of the BTA.

We wish to inform you that, pursuant to completion of terms and condition of the said BTA, the Company has completed the acquisition on July 5, 2021.

This intimation is also being uploaded on the Company's website at www.routemobile.com.

This is for your information and records.

Yours faithfully,

For Route Mobile Limited

RATHIN Digitally signed by RATHINDRA DAS DRA DAS Date: 2021.07.05 22:26:34 +05'30'

________________________________

Rathindra Das Head Legal, Company Secretary & Compliance Officer