ROUTE MOBILE LIMITED has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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EPFO (Regional PF Commissioner II, Bandra) passed two composite orders dated 31-12-2025 against Send Clean Private Limited, a wholly owned subsidiary of Route Mobile Limited. The total penalty amounts to ₹28,15,775 (₹14,05,435 under Section 14B and ₹11,96,353 under Section 7Q of EPF & MP Act, 1952). The penalty relates to alleged delayed remittance of PF contributions during the pre-acquisition period (prior to September 2016), when Route Mobile acquired Send Clean. The WOS has filed appeals against these orders, and CGIT has stayed the recovery vide orders dated 26-03-2026, subject to deposit of ₹1,00,000 each. The next hearing is scheduled for 13-08-2026. The company states no financial provision has been made and expects no material adverse financial impact.
The penalty relates to pre-acquisition PF defaults by the previous owner, and CGIT has granted a stay on recovery. While disclosed for transparency, the legal stay and historical nature of the contravention suggest limited direct impact on Route Mobile's financials or stock. The ₹28 lakh penalty is relatively small compared to typical subsidiary revenues.