Route Mobile shares dip as promoters to divest 58% stake for ₹5,922 cr
Acquisition of majority stake in Route will trigger mandatory takeover offer for up to 26% of total shares outstanding at the same price per share
Acquisition of majority stake in Route will trigger mandatory takeover offer for up to 26% of total shares outstanding at the same price per share
Route Mobile, a cloud communications platform for enterprises, has had a dream run on the bourses since its listing last year. At the core of this success is the humble text message.
The health of an economy like India’s can often be gauged by how its midsize companies are doing. The Fortune India Next 500 list delves deep into these companies, to analyse how they are faring.