The Board of Directors of Route Mobile Ltd (ROUTE) held its meeting on February 10, 2021. It has declared Dividend of Rs 2 per equity share for the financial year 2020-21. The meeting of the Board of Directors commenced at 13:15 P.M. and concluded at 14:55 P.M.
Route Mobile Ltd Q4 Result
Route Mobile reported 161.8% jump in consolidated net profit to Rs 35.37 crore in Q4 FY21 as against Rs 13.51 crore in Q4 FY20. Net sales during the quarter increased 36.4% year-on-year (YoY) to Rs 362.44 crore. EBITDA reported at Rs 51.5 crore in Q4 FY21, higher than Rs 25.1 crore in Q4 FY20.
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Route Mobile Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 16 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, 16 July 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
Pursuant to the Regulation 30 and 33 of the SEBI, we hereby inform you that the Board of Directors of the Company at its Meeting held today has recommended a dividend of Rs. 2 per equity share for the Financial Year
2020-21. Accordingly, the said Final Dividend, if approved, by the shareholders at the ensuing Annual General
Meeting of the Company, will be paid within 30 days from the date of Annual General Meeting.
Important Dates
- Company – Route Mobile Ltd
- Script Name – ROUTE (NSE) and 543228 (BSE)
- Dividend Amount – 2 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 15 July 2021
- Record Date – 16 July 2021
- Payment Date – 4 September 2021
Also, you can find more information about Route Mobile Ltd on National Stock Exchange and Moneycontrol – Route Mobile is among the leading cloud-communication platform service providers to enterprises over-the-top (‘OTT’) players and mobile network operators. The Company’s services include messaging voice email and SMS filtering analytics and monetization.