Route Mobile Limited board to consider fund raising proposal on Sep 22, 2021

A meeting of the Board of Directors of Route Mobile Limited is scheduled to be held on Wednesday, September 22, 2021, to consider and evaluate proposal for raising of funds by issuance of equity shares or other securities convertible into or exchangeable into equity shares or non-convertible debt instruments along with warrants or any combination thereof through private placement, preferential issue, issuance of American Depository Receipts, Global Depository Receipts or Foreign Currency Convertible Bonds, qualified institutions placement, further public offer etc. or through any other permissible mode or any combination thereof, in one or more tranches subject to applicable laws and necessary shareholder / regulatory approvals, as may be required.

Shares of Route Mobile Limited was last trading in BSE at Rs. 2005.8 as compared to the previous close of Rs. 2047.65. The total number of shares traded during the day was 18312 in over 2172 trades.

The stock hit an intraday high of Rs. 2055.45 and intraday low of 1986.05. The net turnover during the day was Rs. 36850857.

Source : Equity Bulls

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