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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 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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