Route Mobile Ltd - 543228 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Nomination and Remuneration Committee ('Committee') of the Company, by way of circular resolution on March 23, 2022, has approved allotment of 1,70,705 equity shares of face value of Rs. 10/- each to the Route Mobile Employee Welfare Trust (''ESOP Trust'') under RML ESOP 2017. The shares allotted to the ESO P Trust shall be allocated/ transferred to the Eligible Employees upon Exercise of Options. Further, the Committee has also approved the cancellation of 28,375 Options in accordance with the terms and conditions of RML ESOP 2017. You are requested to take the abovementioned information on your record. The same will also be made available on the website of the Company viz www.routemobile.com.23-03-2022