MacRitchie Investments Pte. Ltd. has disclosed the sale of 22,16,569 equity shares in CarTrade Tech Limited, representing 4.56% of the total shareholding. The sale, conducted on-market, occurred on November 6, 2026. This transaction resulted in a change in MacRitchie’s holding to 14,94,570 shares, constituting 3.07% of the total voting capital.
Share Sale Disclosure
MacRitchie Investments Pte. Ltd. has announced the sale of a substantial number of shares in CarTrade Tech Limited. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the disposal of an aggregate of 22,16,569 equity shares. This transaction represents approximately 4.56% of the total shareholding and 4.32% on a fully diluted basis in CarTrade Tech.
Transaction Details
The sale was executed through an on-market transaction on November 6, 2026. A specific tranche of 18,20,000 equity shares was sold on this date, leading to a change of 2% in the total shareholding and voting capital of CarTrade Tech held by MacRitchie Investments. Prior to this sale, MacRitchie held 33,14,570 shares, amounting to 6.82% of the total voting capital.
Post-Sale Holding
Following the sale, MacRitchie Investments Pte. Ltd. now holds 14,94,570 shares in CarTrade Tech Limited. This represents 3.07% of the total share capital and 2.91% of the total diluted share capital. The disclosure also notes that the total equity share capital of CarTrade Tech before the sale was 4,86,14,885 equity shares, with a face value of INR 10/- each. The diluted share capital after the sale stands at 5,13,17,585 equity shares.
Note on Calculation
The share capital and voting capital figures are based on the latest filings with the stock exchange as of September 30, 2026. The percentage shareholdings have been rounded up to two decimal places for clarity.
Source: BSE
