ROUTE MOBILE LIMITED — Others, 17-02-2025: Action(s) taken or orders passed

Route Mobile Limited has received orders from the Office of the Commissioner of CGST, Mumbai-West, with a combined demand of ₹54.12 Crore related to GST for periods from July 2017 to March 2018 and FY 2018-19. The company plans to appeal against these orders, expecting a favorable outcome based on legal assessments, which they believe will not materially impact their financials or operations. Investors may view this as a potential risk; however, the company's confidence in resolving the matter could lead to a positive outlook if the appeal succeeds.