BSECompany Update1d ago · 24 Sept 2026, 08:36 am
Landmark Cars Limited has informed the Exchange regarding a press release dated September 24, 2026, titled Landmark Cars and OLX India Partner to Build India''s Leading Phygital Pre-Owned Car Platform.
Landmark Cars Ltd · 543714
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Landmark Cars Ltd, a leading premium automotive retail network in India, has partnered with OLX India to create an integrated 'phygital' pre-owned car buying and selling experience for Indian consumers.
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Landmark Cars Ltd - 543714 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: September 24, 2026
To, To,
BSE Limited, National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex,
Mumbai- 400001 Bandra (E), Mumbai- 400001
Scrip Code: 543714 Symbol: LANDMARK
Sub.: Press Release – Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we are enclosing herewith a Press Release titled “Landmark Cars and OLX India Partner to Build
India's Leading Phygital Pre-Owned Car Platform.”
This is for your information and records.
Thanking you,
Yours faithfully,
For Landmark Cars Limited
Amol Arvind Raje
Company Secretary & Compliance Officer
Mem. No.: A19459
Encl.: as above
Landmark Cars Limited
CIN: L50100GJ2006PLC058553 | GSTIN: 24AABCL1862B1Z2
Registered Office: Landmark House, Opp. AEC, Near Gurudwara, S. G. Highway, Thaltej, Ahmedabad – 380059
Tel.: +91-7966185555 | Email: info@landmarkcars.in | Website: www.grouplandmark.in
Landmark Cars and OLX India Partner to Build India's Leading Phygital Pre-Owned Car Platform
Thursday, 24th September 2026, Mumbai - Landmark Cars Limited (BSE: 543714 | NSE: LANDMARK), a leading premium
automotive retail network in India, and OLX India, part of CarTrade Tech Limited (BSE:543333| NSE:CARTRADE), today
announced a strategic partnership to create an integrated “phygital” (physical + digital) pre-owned car buying and selling
experience for Indian consumers.
Under the terms of the partnership, Landmark will integrate its network of over 140 vehicle retail and service touchpoints
across 12 states, having served over 500,000 customers since inception with OLX India’s online automotive platform, which
has more than 23 million consumers buying or selling used cars annually. The alliance is designed to address one of the most
persistent pain points in India’s pre-owned car market: the trust deficit between digital convenience and physical assurance.
The platform aims to offer customers a single journey spanning online discovery, in-person inspection and test drives,
financing, registration transfer, and post-sale servicing and warranty support.
The partnership will be rolled out in phases, beginning with select key cities and expanding Pan-India upon achieving the
requisite performance metrics. Under the arrangement, OLX India will lead the end-to-end online customer experience,
including customer discovery and digital engagement, while leveraging its proprietary VAYA AI for pricing intelligence,
buyer-seller matchmaking, car condition intelligence and market insights. Landmark outlets will operate as physical
“Experience Centres” for vehicle inspection & handover, with vehicles acquired and sold on a revenue sharing basis, and
under a co-branded proposition, supported by quality certification and after-sales service offerings.
Commenting on this development Mr. Aryaman Thakker, Executive Director, Landmark Cars Limited said,
“Landmark has built a leadership position in the Indian automotive retail ecosystem, supported by strong customer
relationships, an established dealership network, leading automotive brand partnerships and extensive after-sales
capabilities.
Our objective is to become a prominent player in the pre-owned car industry over time by building a differentiated offering
that is scalable and sustainable, while maintaining financial discipline.
Consumers today increasingly seek the convenience of digital discovery backed by the trust and confidence of a physical
touchpoint. Our association with OLX India brings together complementary strengths. OLX India’s digital reach, combined
with Landmark’s customer trust, inspection rigour, financing relationships and after-sales capabilities, provides us with an
opportunity to address a much larger customer base.”
Commenting on this development Mr. Varun Sanghi, Chairman, OLX India said,
“OLX India is one of the country’s leading online classifieds platforms, with over 23 million used car buyers and sellers,
annually. Our vision is to make buying, selling and transacting in used vehicles simpler, more transparent and more
efficient by bringing the ecosystem together on a technology-led platform.
With this partnership, we aim to offer consumers a more trusted, secure and seamless experience across the entire buying
and selling journey. From discovery, pricing and matchmaking to vehicle handover, quality assurance and after-sales
support, the partnership is designed to provide greater transparency, convenience and confidence at every stage of the
transaction.
Landmark brings decades of dealership expertise and a strong physical footprint, while OLX India brings digital consumer
reach, technology, data and market intelligence. Together, we are building a stronger assurance layer for consumers,
combining digital discovery with trusted offline fulfilment and support.”
About Landmark Cars Limited:
Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz,
Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA, MG Motors and Citroën. The company also caters
to the commercial vehicle retail business of Ashok Leyland in India. Company has its presence across the automotive
retail value chain, including sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles
and facilitation of the sales of third party financial and insurance products.
For more information, please visit - www.grouplandmark.in
About CarTrade Tech Limited:
CarTrade Tech Limited is one of the world’s largest digital automotive ecosystems and India’s leading online
marketplace Company.
Through platforms including CarWale, BikeWale, Shriram Automall and OLX India, the Company serves over 80 million
monthly unique users, with over 95% of its traffic generated organically. Its consumer marketplaces host more than
63% of India’s online used car listings, while its remarketing platforms facilitate the auction of over 1.5 million vehicles
annually.
With a strong nationwide network spanning over 500 physical locations and a technology-led, asset-light platform
model, CarTrade Tech enables millions of consumers, dealers, OEMs and enterprises to buy and sell vehicles and other
used products with ease, trust and efficiency
Safe Harbour Statement:
Statements in this document relating to future status, events, or circumstances, including but not limited to
statements about plans and objectives, the progress and results of research and development, potential project
characteristics, project potential and target dates for project related issues are forward-looking statements based on
estimates and the anticipated effects of future events on current and developing circumstances.
Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results.
Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes
no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.
For more information please contact:
Landmark Cars Limited Strategic Growth Advisors Pvt Ltd.
CIN No: L50100GJ2006PLC058553 CIN No: U74140MH2010PTC204285
Mr. Amol Raje Stuti Shah / Shikha Puri
Company Secretary & Compliance Officer Tel No: +91 82685 36428 / +91 98192 82743
Email id: Email id:
companysecretary@landmarkindia.net stuti.shah@sgapl.net / shikha.puri@sgapl.net