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Dividend28 Oct 2026, 07:31 am

Route Mobile Approves ₹4/Share Second Interim Dividend

AI Summary

Route Mobile Limited's Board of Directors, in a meeting held on October 27, 2026, approved the company's unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board declared a second interim dividend of ₹4 per equity share (40% of face value) for FY 2026-27, with a record date of November 2, 2026. The dividend will be paid within 30 days of declaration, subject to TDS. The Board also noted the lapse of ESOPs, rescinded a prior decision on IPO proceeds utilization, and approved alterations to the Memorandum of Association.

Key Highlights

  • Route Mobile declared a second interim dividend of ₹4 per share for FY 2026-27.
  • The record date for the dividend payment is November 2, 2026.
  • Unaudited financial results for Q2 FY27 were approved.
  • Lapse of 2,860 stock options was noted.
  • Alteration of Memorandum of Association approved, subject to shareholder nod.