Route Mobile Limited has allotted 5,500 equity shares under its Employee Stock Option Plan 2017 (RML ESOP 2017). Consequently, the company’s paid-up capital has increased to Rs. 63,00,30,820. Additionally, the company cancelled 3,000 stock options granted under the Route Mobile ESOP Plan 2021, due to employee cessation. These decisions were approved on December 18, 2025.
Equity Share Allotment
Route Mobile Limited has allotted 5,500 equity shares, each with a face value of Rs. 10, to the Route Mobile Employee Welfare Trust under the RML ESOP 2017 scheme. These shares will be allocated to eligible employees upon exercise of their options. This allotment was approved by the Nomination and Remuneration Committee on December 18, 2025.
Following the allotment, the company’s paid-up capital increased from Rs. 62,99,75,820 (comprising 6,29,97,582 equity shares at Rs. 10 each) to Rs. 63,00,30,820 (comprising 6,30,03,082 equity shares at Rs. 10 each).
Cancellation of Stock Options
The company has cancelled 3,000 stock options which were previously granted under the Route Mobile ESOP Plan 2021. This cancellation occurred due to the cessation of employment of the eligible employee who had been granted these options.
Details of Issued Shares
The allotment includes:
- Grant 1: 2,500 shares
- Grant 2: 3,000 shares
- Total: 5,500 shares
The exercise price per share is:
- Grant 1: Rs. 300
- Grant 2: Rs. 326.16
The premium per share is:
- Grant 1: Rs. 290
- Grant 2: Rs. 316.16
Source: BSE
