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Route Mobile informs about acquisition updates

06 Jul 2021 Evaluate
In reference to the letter dated July 1, 2021 (Ref No: RML/2021-22/96), of Company's entering into a Business Transfer Agreement ('BTA') on July 1, 2021 with Sarv Webs, Rajasthan, India for acquisition of primarily intellectual property ('software') and its associated identified customer contracts ('business'), on a slump sale basis, subject to fulfilment of terms and condition of the BTA, Route Mobile has informed that pursuant to completion of terms and condition of the said BTA, the Company has completed the acquisition on July 5, 2021. This intimation is also being uploaded on the Company's website at www.routemobile.com.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2473.10
Infosys 1128.50
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Wipro 188.50
Tech Mahindra 1776.50
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