Route Mobile Ltd lost 1.69% today to trade at Rs 1416.95. The BSE Teck index is down 0.57% to quote at 19440.68. The index is up 4.09 % over last one month. Among the other constituents of the index, Tata Teleservices (Maharashtra) Ltd decreased 1.57% and ITI Ltd lost 1.34% on the day. The BSE Teck index went up 30.56 % over last one year compared to the 17.77% surge in benchmark SENSEX. Route Mobile Ltd has lost 8.1% over last one month compared to 4.09% gain in BSE Teck index and 0.31% drop in the SENSEX. On the BSE, 300 shares were traded in the counter so far compared with average daily volumes of 3516 shares in the past one month. The stock hit a record high of Rs 1942 on 15 Jul 2024. The stock hit a 52-week low of Rs 1334.5 on 18 Nov 2024.Powered by Capital Market - Live

The Board of Directors of Route Mobile (UK) (RML UK), a wholly-owned subsidiary of Route Mobile, has approved the acquisition 7,507,500 shares of IDR 1000/-, aggregating to IDR 7,507,500,000 of PT Route Mobile Indonesia (RM Indonesia), on 22 November 2024 to meet the local law requirements. Upon allotment of equity shares by RM Indonesia, the total investment of RML UK in RM Indonesia will be 99,99,990 shares, representing 99.90% of the total equity share capital in RM Indonesia. RM Indonesia is involved in business of value-added technology services in the area of omni channel/ communication services. The object of the investment is to meet the requirement of Indonesian Investment Law for a minimum paid-up capital of IDR 10,000,000,000 (ten billion Indonesian Rupiahs) for foreign-owned companies (PMA) registered in the country. Powered by Capital Market - Live

Route Mobile has partnered with Billeasy E Solutions (Billeasy), a Mumbai-based integration partner, to launch a unique ticketing experience for the L&T Metro Rail Hyderabad commuters. This initiative leverages Rich Communication Services (RCS) and Google Wallet services to enable commuters to easily book e-tickets, save them in Google Wallet, and access them across multiple channels. This innovative solution streamlines the metro ticketing process, providing commuters with more convenient and efficient journeys. RCS messaging enables an interactive, conversational ticketing experience that replaces traditional SMS with advanced features like information cards, carousels, suggested replies, and app integrations. RCS allows commuters to book tickets directly from their default Android messaging app - Google Messages, eliminating the need to wait in long ticketing queues at stations or download additional apps. To use this service, commuters need to simply scan the QR code and send a 'Hi' via RCS messaging on Google Messages to the official L&T Metro Rail Hyderabad's handle. They are then guided to select their source, destination, and ticket type. They can complete the payment securely through options like UPI, with instant confirmation. Once booked, tickets are seamlessly stored in Google Wallet, making it easily accessible directly from their phone for a seamless travel experience. This whole experience is native, without the need of downloading any new app and works within the Google Messages app. Currently available for Android users, this service is future-proofed to support iOS when Apple brings RCS support to India, further enhancing convenience across the Hyderabad Metro network.Powered by Capital Market - Live

Route Mobile announced that the Board of Directors of the Company at its meeting held on 21 October 2024, inter alia, have recommended the first interim dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Route Mobile Ltd gained 1.4% today to trade at Rs 1581.1. The BSE Teck index is up 0.51% to quote at 19495.25. The index is down 1.49 % over last one month. Among the other constituents of the index, Persistent Systems Ltd increased 1.08% and Tech Mahindra Ltd added 0.93% on the day. The BSE Teck index went up 37.94 % over last one year compared to the 25.86% surge in benchmark SENSEX. Route Mobile Ltd has lost 1.06% over last one month compared to 1.49% fall in BSE Teck index and 3.87% drop in the SENSEX. On the BSE, 1407 shares were traded in the counter so far compared with average daily volumes of 5044 shares in the past one month. The stock hit a record high of Rs 1942 on 15 Jul 2024. The stock hit a 52-week low of Rs 1388.6 on 04 Jun 2024.Powered by Capital Market - Live

Net profit of Route Mobile rose 14.04% to Rs 101.27 crore in the quarter ended September 2024 as against Rs 88.80 crore during the previous quarter ended September 2023. Sales rose 9.74% to Rs 1113.41 crore in the quarter ended September 2024 as against Rs 1014.61 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1113.411014.61 10 OPM %12.1512.63 - PBDT153.36125.27 22 PBT131.06103.83 26 NP101.2788.80 14 Powered by Capital Market - Live

Route Mobile will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live

Route Mobile announced today that its promoter entity, Proximus Opal S.A., has successfully divested a 6.03% stake in the company through an Offer for Sale (OFS) on 12 September and 13 September 2024, in addition to the 1.95% sell down that was completed on 26 July 2024, to comply with the minimum public holding requirement of 25%. The OFS was oversubscribed and received strong participation from long-only marquee investors. With this development, Proximus Opal, part of the Proximus Group, has reduced its holding in Route Mobile from 83.11% to below 75% and is compliant with the minimum public shareholding criteria, in accordance with the regulatory guidelines set by the Securities and Exchange Board of India (SEBI). Powered by Capital Market - Live

Route Mobile announced an offer for sale of up to 38,00,000 equity shares of the company (representing 6.03% of the total issued and paid up equity share capital of the company) by Proximus Opal (promoter of the company). The issue opens for non-retail investors on 12 September 2024 (T day) and for retail investors / non-Retail Investors who choose to carry forward their unallotted bids from T day on 13 September 2024. The floor price of the offer shall be Rs 1,635 per equity share. Powered by Capital Market - Live