BSEInsider Trading / SAST3d ago · 11 Nov 2026, 12:58 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for MacRitchie Investments Pte Ltd
CarTrade Tech Ltd · 543333
✦ AI SummaryRegulatory
MacRitchie Investments Pte. Ltd. has disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that they have acquired/sold 18,20,000 equity shares of CarTrade Tech Limited, representing 3.74% of the total shareholding/voting capital of the company.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
CarTrade Tech Ltd - 543333 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Attachments (1)
📄pdf
Download →
15A06B24_A0F9_4168_BD24_65B54565113E_125849.pdf
View document text
MACRITCHIE INVESTMENTS PTE. LTD.
(UEN/Regn. No. 200304983Z)
November 10, 2026
CarTrade Tech Limited
Having its registered office at:
1st Floor, Plot No. D-507, Shree Sawan Knowledge Park, TTC MIDC Industrial Area, Turbhe, Navi
Mumbai, Maharashtra, 400703
Email address: investor@cartrade.com
BSE Limited
Listing Department
1st Floor, New Trading Ring
Rotunda Building
P.J. Tower
Dalal Street, Fort
Mumbai – 400 001
The National Stock Exchange of India Limited
Listing Department
Exchange Plaza, 5th Floor
Plot No. C/1, G-Block
Bandra Kurla Complex
Bandra (East)
Mumbai – 400 051
Dear Sir/ Ma’am,
Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011.
Please find attached the disclosure under Regulation 29(2) of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Yours faithfully,
For and on behalf of MacRitchie Investments Pte. Ltd.
Authorised signatory
Name: Sumei Anand
Designation: Company Director
MACRITCHIE INVESTMENTS PTE. LTD.
(UEN/Regn. No. 200304983Z)
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Part A - Details of the Sale
Name of the Target Company CarTrade Tech Limited
(TC)
Name(s) of the seller and Persons MacRitchie Investments Pte. Ltd.
Acting in Concert (PAC) with the
seller
Whether the seller belongs to No
Promoter/Promoter group
Name(s) of the Stock Exchange(s) BSE Limited and National Stock Exchange of India Limited
where the shares of TC are Listed
Details of acquisition / disposal as Number % w.r.t. total % w.r.t. total
follows share/voting diluted
capital wherever share/voting
applicable (*) capital of the
TC (**)
Before the sale under
consideration, holding of:
a) Shares carrying voting 33,14,570(***) 6.82%(***) 6.46%(***)
rights
b) Shares in the nature of
encumbrance (pledge/ lien/
non-disposal undertaking/
others)
c) Voting rights (VR) Nil Nil Nil
otherwise than by shares
d) Warrants/convertible
securities/any other
instrument that entitles the Nil Nil Nil
acquirer to receive shares
carrying voting rights in the
TC (specify holding in each
category) Nil Nil Nil
MACRITCHIE INVESTMENTS PTE. LTD.
(UEN/Regn. No. 200304983Z)
e) Total (a+b+c+d) 33,14,570 6.82% 6.46%
Details of acquisition / sale(#)
a) Shares carrying voting rights 18,20,000(#) 3.74%(#) 3.55%(#)
acquired/sold
b) VRs acquired/sold otherwise Nil
than by shares Nil Nil
c) Warrants/convertible
securities/any other Nil
instrument that entitles the Nil Nil
acquirer to receive shares
carrying voting rights in the
TC (specify holding in each
category) acquired/sold
d) Shares Nil
encumbered/invoked/releas Nil Nil
ed by the acquirer
e) Total (a+b+c+/-d) 18,20,000 3.74% 3.55%
After the acquisition/sale
holding of:
a) Shares carrying voting rights 14,94,570 3.07% 2.91%
b) Shares encumbered with the Nil Nil
acquirer Nil
c) VRs otherwise than by Nil Nil
shares Nil
d) Warrants/convertible Nil Nil
securities/any other Nil
instrument that entitles the
acquirer to receive shares
carrying voting rights in the
TC (specify holding in each
category) after acquisition
MACRITCHIE INVESTMENTS PTE. LTD.
(UEN/Regn. No. 200304983Z)
e) Total (a+b+c+d) 14,94,570 3.07% 2.91%
Mode of acquisition / sale (e.g. On-market sale
open market / off-market/ public
issue / rights issue / preferential
allotment / inter-se transfer etc.)
Date of acquisition/sale of The 2% limit was crossed on November 06, 2026.
shares/VR or date of receipt of
intimation of allotment of shares
whichever is applicable.
Equity share capital / total voting 4,86,14,885 fully paid-up equity shares of face value INR 10/- each
capital of the TC before the said amounting to INR 48,61,48,850 (as per the shareholding pattern
acquisition/sale(*) published on BSE Limited website for quarter ended September 30,
2026). ($$)
Equity share capital/ total voting 4,86,14,885 fully paid-up equity shares of face value INR 10/- each
capital of the TC after the said amounting to INR 48,61,48,850 (as per the shareholding pattern
acquisition/sale(*) published on BSE Limited website for quarter ended September 30,
2026).
Total diluted share/voting capital 5,13,17,585 fully paid-up equity shares of face value INR 10/- each
of the TC after the said sale (**) amounting to INR 51,31,75,850 (as per the shareholding pattern
published on BSE Limited website for quarter ended September 30,
2026).
Note:
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock
Exchange under Clause 35 of the listing Agreement i.e. as on September 30, 2026.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC as on September 30, 2026.
(***) The share capital held by the Seller before the sale under consideration has been computed on the
basis of the shareholding of the Seller immediately prior to the sale made on November 6, 2026, of
18,20,000 equity shares of the Target Company by the Seller which resulted in change in the total
shareholding/voting capital of the Seller by 2% of the total shareholding / voting capital of the Target
Company.
(#) The Seller has sold in one or more tranches, an aggregate of 22,16,569 equity shares of the Target
Company representing 4.56% of the total shareholding/ voting capital of the Target Company (being
4.32% of the total shareholding on a fully diluted basis). The sale made on November 06, 2026, of
18,20,000 equity shares of the Target Company by the Seller resulted in change in the total
shareholding/voting capital of the Seller by 2% of the total shareholding / voting capital of the Target
Company. Hence, this disclosure is being made in terms of Regulation 29(2) of the SEBI Takeover
Regulations.
($$) The total voting capital of the Target Company is 4,86,14,885. Further, the total no. of outstanding
MACRITCHIE INVESTMENTS PTE. LTD.
(UEN/Regn. No. 200304983Z)
ESOP granted by the Target Company is 27,02,700. Accordingly, the total no. of shares on fully diluted
basis is 5,13,17,585. The aforementioned details as set out here are as per the shareholding pattern
published on BSE Limited website for quarter ended September 30, 2026.
All percentage shareholding in this disclosure has been rounded-up to two decimal places for the ease of
reference.
MACRITCHIE INVESTMENTS PTE. LTD.
(UEN/Regn. No. 200304983Z)
Signature of the acquirer / seller / Authorised Signatory
For MacRitchie Investments Pte. Ltd.
Name: Sumei Anand
Designation: C ompany Director
Place: Singapore
Date: November 10, 2026