Route Mobile Limited , a leading cloud communication platform as a service (CPaaS) provider, has released its monitoring agency report for the quarter ended September 30, 2025, detailing the utilization of its Initial Public Offering (IPO) proceeds. The report, issued by Axis Bank Limited as the monitoring agency, reveals that the company has fully utilized INR 1,580.91 million out of the total INR 2,400.00 million raised through its IPO.

Breakdown of Fund Utilization

The company has strategically allocated its IPO proceeds across various objectives, as outlined in the following table:

Debt Repayment Details

Route Mobile has completely cleared its allocated funds for debt repayment, which included:

• INR 65.00 million repaid to HDFC Bank
• INR 300.00 million repaid to Kotak Bank

Strategic Acquisitions

The company has fully utilized the INR 830.00 million earmarked for acquisitions and strategic initiatives. Key acquisitions include:

1. TeleDNA Communications Private Limited
2. 365squared Ltd (final earnout payment)
3. Sarv Webs Private Limited
4. Mr. Messaging FZE

These strategic moves are expected to strengthen Route Mobile's market position and expand its service offerings in the cloud communication sector.

Unutilized Funds

The remaining INR 650.00 million, initially allocated for purchasing office premises in Mumbai, remains unutilized. Route Mobile has deployed these funds in fixed deposits with various banks, earning returns ranging from 3.25% to 6.70%.

Compliance and Transparency

Axis Bank Limited, serving as the monitoring agency, has reported no deviation from the stated objectives of the IPO fund utilization. This adherence to the planned usage of funds demonstrates Route Mobile's commitment to transparency and responsible financial management.

Conclusion

Route Mobile's strategic utilization of its IPO proceeds, focusing on debt reduction and key acquisitions, positions the company for potential growth in the competitive CPaaS market. The company's decision to keep the funds for office premises purchase in fixed deposits showcases a cautious approach to capital allocation, ensuring returns on unutilized funds while maintaining flexibility for future expansion plans.

Investors and stakeholders can take confidence in the company's disciplined approach to fund utilization and its focus on strengthening its market position through strategic initiatives.

Route Mobile Limited , a leading cloud communication platform service provider, has announced a second interim dividend of ₹3 per equity share for the financial year 2025-26. This dividend declaration, representing 30% of the face value of ₹10 per share, was approved by the company's Board of Directors at their meeting held on November 3, 2025.

Key Details of the Dividend

Eligibility and Payment Process

Shareholders whose names appear in the company's register as of the record date will be eligible for this dividend. The payment is scheduled to be made within 30 days from the declaration date, adhering to the standard corporate practice.

Tax Implications

Route Mobile has informed shareholders about the tax implications of this dividend payout:

• Dividends will be taxable in the hands of shareholders as per the revised provisions of the Income Tax Act.
• Tax Deduction at Source (TDS) will be applied at applicable rates.
• For resident individual shareholders, no TDS will be deducted if the aggregate dividend during FY2025-26 is less than ₹10,000 per annum.

Documentation for Tax Exemption

The company has provided guidelines for shareholders to claim tax exemptions or lower TDS rates:

• Resident shareholders can submit Form 15G/15H for exemption, subject to eligibility conditions.
• Non-resident shareholders can avail benefits under the Double Taxation Avoidance Agreement (DTAA) by submitting necessary documents.

Deadline for Document Submission

Shareholders are required to submit all requisite documents by November 10, 2025, to enable the company to determine appropriate TDS rates.

Financial Performance Context

While specific financial results were not provided in the dividend announcement, the declaration of a second interim dividend suggests a positive financial position for Route Mobile. This move may be seen as a way to reward shareholders and signal confidence in the company's financial health.

Route Mobile's decision to declare a second interim dividend underscores its commitment to creating shareholder value. As the company continues to navigate the dynamic cloud communication sector, this dividend payout represents a balance between rewarding investors and retaining capital for future growth initiatives.