StockWatch
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Other Telecom Services
Dividend7 May 2026, 10:51 pm

Route Mobile Recommends ₹2 Dividend for FY26

AI Summary

Route Mobile Ltd's board has recommended a final dividend of ₹2 per share (20%) for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days of the AGM, after tax deduction. The total dividend for FY26 amounts to ₹11 per share, including three interim dividends of ₹3 each. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and noted the lapse of 2,500 stock options.

Key Highlights

  • Route Mobile recommends a final dividend of ₹2 per share for FY26.
  • Total dividend for FY26 aggregates to ₹11 per share, including interim dividends.
  • Board approved audited financial results for the year ended March 31, 2026.
  • 2,500 stock options granted under the ESOP Plan 2017 have lapsed.
  • Variation in IPO proceeds utilization approved, subject to shareholder approval.