Route Mobile Limited — Capital/Financing Update 2024

May 29, 2024

Ref No: RML/2024-25/470 Date: May 29, 2024

To, BSE Limited Scrip Code: 543228

National Stock Exchange of India Limited Symbol: ROUTE

Dear Sir/Madam,

Sub: Outcome of Board Meeting held on May 29, 2024.

Pursuant to the Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“Listing Regulations”), we hereby inform you that the Board of Directors (“Board”) of Route Mobile Limited (the “Company”) at its meeting held today i.e. May 29, 2024 have approved the following:

Corporate Guarantee:

The Board has approved extending of corporate guarantee for short term loan facility of USD 35,000,000 being availed by Route Mobile (UK) Limited (“Borrower”), wholly owned subsidiary of the Company from a leading Bank.

The details in relation to the aforementioned guarantee required under Listing Regulations read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given below :

Corporate Guarantee:The Board has approved extending of corporate guarantee for short term loan facility of USD 35,000,000 being availed	Corporate Guarantee:The Board has approved extending of corporate guarantee for short term loan facility of USD 35,000,000 being availed	Corporate Guarantee:The Board has approved extending of corporate guarantee for short term loan facility of USD 35,000,000 being availed	Corporate Guarantee:The Board has approved extending of corporate guarantee for short term loan facility of USD 35,000,000 being availed
Route Mobile (UK) Limited (“Borrower”), wholly owned subsidiary of the Company from a leading Bank.The details in relation to the aforementioned guarantee required under Listing Regulations read with SEBI CircSEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given below**:**
Sr.**No. **	Particulars	Details
1.	Name of party for which such guarantees orindemnity or surety was given;	Route Mobile (UK) Limited
2.	Whether the promoter / promoter group / groupcompanies have any interest in the transaction If yes,	No
	nature of interest and details thereof and whether thesame is done at “arms’ length”;
3.	Brief details of such guarantee or indemnity orbecoming a surety viz. brief details of agreemententered (if any) including significant terms andconditions, including amount of guarantee;	Route Mobile Limited (“the Company”) have agreeextend Corporate Guarantee of an amount up to USD35,000,000 ($35mn) and all obligations including bulimited to principal, interest and other obligations
4.	Impact of such guarantees or indemnity or surety onlisted entity	The Corporate Guarantee will be treated as a contingentliability for the Company.

The meeting of the Board of Directors commenced at 03:00 P.M. and concluded at 03:15 P.M. You are requested to take the above information on record.

Thanking You Yours faithfully, For Route Mobile Limited

RATHIN Digitally signed by RATHINDRA DAS DRA DAS Date: 2024.05.29 15:17:54 +05'30'

___________________________________ Rathindra Das Group Head-Legal, Company Secretary & Compliance Officer Membership No: F12663