CarTrade Tech Limited announced the resignation of Mr. Banwari Lal Sharma, Chief Executive Officer – Consumer Business, effective August 25, 2026. Sharma is stepping down to pursue new opportunities after over 22 years with the company. The Consumer Business will continue under the leadership of Mr. Vinay Sanghi, Chairman and Managing Director, ensuring business continuity.
Senior Leadership Change at CarTrade Tech
CarTrade Tech Limited has formally announced a significant change in its senior management. Mr. Banwari Lal Sharma, who held the position of Chief Executive Officer – Consumer Business, has tendered his resignation from the company. His departure is effective from August 25, 2026, as he seeks to explore new professional avenues.
Continuity in Business Operations
Despite the resignation of Mr. Sharma, the company has assured that business operations will remain uninterrupted. The Consumer Business segment will continue to be managed by the existing leadership team. Mr. Vinay Sanghi, the Chairman and Managing Director, will provide strategic guidance, ensuring that ongoing strategic initiatives are maintained without disruption. Mr. Sharma has served the company for over 22 years.
Source: BSE
