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

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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.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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CarTrade Tech Ltd - 543333 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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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