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An announcement from Route Mobile, Ltd. ( (IN:ROUTE) ) is now available.
Route Mobile Limited has rescinded an earlier December 18, 2025 intimation and, via a fresh approval by its Nomination and Remuneration Committee on December 24, 2025, has re-approved the allotment of 5,500 equity shares under its Employee Stock Option Plan 2017, effective upon receipt of the exercise price. Following this ESOP-related issuance, the company’s paid-up share capital has marginally increased from Rs. 62,99,75,820 to Rs. 63,00,30,820, taking the total number of equity shares outstanding from 6,29,97,582 to 6,30,03,082, a small dilution that modestly expands the equity base while continuing to use stock options as a key component of employee compensation and retention.
More about Route Mobile, Ltd.
Route Mobile Limited is an India-listed company whose equity shares trade on both BSE and the National Stock Exchange of India. The company operates in the technology and communications space, and its shares have a face value of Rs. 10 each under various employee stock option schemes designed to align staff incentives with shareholder interests.
Average Trading Volume: 47,078
Technical Sentiment Signal: Sell
Current Market Cap: 45.12B INR
For an in-depth examination of ROUTE stock, go to TipRanks’ Overview page.