News Announcement

Route Mobile: Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) it is hereby informed that Route Ledger Technologies Private Limited (Route Ledger) a wholly owned subsidiary of Route Mobile Limited has entered into an Agreement to Transfer Business (BTA) and a License Agreement on May 2 2022 with Teledgers Technology Private Limited (Teledgers) Gurugram Haryana and the existing shareholders (as mentioned in BTA) for acquisition of technology solutions and associated identified customer contracts (Business) on a slump sale basis.In this regard the disclosure in terms of Regulation 30 of the Listing Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09 2015 is given in the Annexure 1.A copy of the Press Release on the aforesaid acquisition is enclosed as Annexure 2.You are requested to take the above information on record.

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