MoneyWorks4Me

Route Mobile gets shareholders' approval to raise Rs 2,000 crore

18 Oct 2021 Evaluate

Route Mobile has received shareholders' approval to raise Rs 2,000 crore through the sale of securities.  A majority of shareholders also approved to increase limits of foreign portfolio investments in the company.

Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO).

Peers
Company Name CMP
TCS 2135.80
Infosys 1051.05
HCL Technologies 1245.00
Wipro 165.05
Tech Mahindra 1535.20
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