ROUTE MOBILE LIMITED — Others, 09-05-2025: Monitoring Agency Report

Route Mobile Limited has announced that INR 158.09 Cr of its IPO proceeds have been utilized without deviation from stated objectives. The company repaid loans worth INR 36.5 Cr, completed strategic acquisitions totaling INR 83 Cr, and spent INR 38.59 Cr on general corporate purposes including IPO expenses. The remaining INR 65 Cr is placed in fixed deposits with Axis Bank and HDFC Bank, generating steady returns. All offer objectives are on track, reflecting disciplined capital allocation supporting business expansion and financial stability.