ROUTE MOBILE LIMITED — Others, 03-02-2025: Monitoring Agency Report

Route Mobile Limited has reported that there has been no deviation in the utilization of proceeds from its initial public offering (IPO) for the quarter ended December 31, 2024. As of this period, ₹1,580.91 million of the total ₹2,400 million raised has been utilized, with the remaining funds held in bank accounts. The company has effectively repaid certain borrowings and engaged in strategic acquisitions as planned. This consistency may reassure investors, presenting a positive outlook on the company's financial management and growth strategy moving forward.