Route Mobilehas informed that the Board of Directors of the Company at its Meeting held on October 25, 2022 have approved the following: Corporate Guarantee: The Board has approved to provide the Corporate Guarantee in favour of Standard Chartered Bank (Lender) for Term loan facility proposed to be taken by Route Mobile (UK) (Borrower), wholly owned subsidiary of the Company up to USD 15,000,000. The details in relation to the guarantee required under Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are enclosed.
The above information is a part of company’s filings submitted to BSE.
