Route Mobile subsidiary to acquire Heltar Technologies AI business for about Rs 33.66 cr

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

ROUTE · price

Loading chart…

▲ 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

-2.6%Reaction day

₹583.25

prior close

₹589.00

announcement price

After-mkt

timing

Nifty Microcap 250market-1.0%-1.6% vs market

Telecom - Services peers, median of 17sector · industry level-0.8%-1.8% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.8 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

+0.8

10m

+0.7

15m

+0.5

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-1.0-1.6-0.8-1.8

Next day

-1.1-0.4-0.7-0.3-0.8

-2.6-0.8-1.8-1.2-1.4

-3.9-1.9-2.1-2.0-1.9

-3.5-1.3-2.2-2.0-1.5

-1.1-1.0-0.1-1.9+0.8

+2.8-2.8+5.6-3.6+6.4

15d

-8.8+0.4-9.2-3.7-5.1

-13.5+2.4-15.9-6.0-7.5

-17.4+1.0-18.3-7.3-10.1

-23.7+1.8-25.5-9.8-14.0

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's wholly owned subsidiary Route Connect will acquire Heltar Technologies AI-led omnichannel business via slump sale on a going concern basis. Total consideration about Rs 33.66 crore (Rs 23.88 cr upfront at closing plus Rs 9.77 cr deferred after 18 months), paid in cash. Heltar provides AI-first customer engagement solutions and reported FY26 turnover of Rs 246 lakh. Route Mobile will fund this via a Rs 35 cr unsecured loan to Route Connect at 9 percent interest for 5 years, with a conversion right. Not a related party deal. Expected to close in about 6 weeks.

Likely market impact

Strengthens AI and omnichannel capabilities through a small bolt-on acquisition funded internally, neutral to mildly positive for shareholders.