ROUTE MOBILE LIMITED has informed the Exchange regarding 'ISD updates'.

Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDF Explain this filing

ROUTE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹996.45

prior close

₹1002.80

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%-1.7% vs market

Telecom - Services peers, median of 17sector · industry level+1.3%-2.8% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 2.8 pts less than its Telecom - Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.4

15m

-0.2

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.3-1.7+1.3-2.8

Next day

-1.0+0.6-1.6+1.0-2.0

-3.0+1.0-4.0+3.1-6.1

-0.8+3.0-3.8+4.2-5.1

-0.3+3.0-3.3+4.1-4.5

+0.3+3.5-3.2+4.9-4.5

+2.8+4.5-1.7+6.4-3.6

15d

-0.8+4.6-5.4+2.1-3.0

-5.5+6.0-11.5+1.6-7.1

-9.0+2.3-11.3-5.4-3.6

-15.5+3.9-19.4-5.5-10.0

UpDownMarket · Nifty Microcap 250Sector · Telecom - Services peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Route Mobile Limited has released a post-offer advertisement for the open offer made by Proximus Opal (Acquirer) along with Proximus (Person Acting in Concert). The offer was for up to 1,64,05,338 equity shares (26% of expanded voting share capital) at ₹1,626.40 per share plus ₹18.27 interest, totalling ₹1,644.67 per share. Actual acceptances stood at 1,57,68,803 shares (24.99%), for a total consideration of about ₹2,593 crore. Post-offer, the Acquirer's shareholding stands at 82.70% (5,21,83,089 shares) of the expanded voting share capital, leaving public shareholders with 17.30%. The underlying Share Purchase Agreement is yet to be completed within SEBI's prescribed timelines.

Likely market impact

This signals a near-complete takeover of Route Mobile by Belgium's Proximus group, leaving public shareholders with only ~17% stake. The stock may see reduced liquidity and re-rating, though shareholders who tendered received the premium offer price plus interest.