Route Mobile IPO Proceeds Utilization Report Filed

Route Mobile Limited has filed its Monitoring Agency Report for the quarter ended June 30, 2026, issued by Axis Bank Limited. The report confirms that INR 1580.91 million of the IPO proceeds have been utilized as of the reporting date. The remaining balance is held in the company's bank account. There have been no deviations from the stated objects for the utilization of funds raised through the INR 2400 million IPO. The report adheres to SEBI (ICDR) Regulations, 2018, and confirms no conflict of interest from the monitoring agency.