Route Mobile board considers fundraising options

September 22, 2021

Route Mobile’s board of directors will meet on September 22, 2021 to examine and assess the fundraising proposal by issuing shares or other securities convertible or exchangeable into shares or non-convertible debt securities as well as warrants or any combination thereof by private placement, preferential issue, issue of American certificates of deposit, global certificates of deposit or bonds convertible into foreign currencies, placement of qualified institutions, additional public offer, etc. or by any other permitted mode or any combination thereof, in one or more tranches subject to applicable laws and necessary shareholder / regulatory approvals, if applicable.

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First published: Sat, September 18, 2021. 10:16 IST

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