CarTrade Tech has informed that the Board of Directors at its meeting held today on December 16, 2021, has passed resolution for investing the surplus funds of the Company not exceeding INR 7,50,00,00,000 for strategic acquisitions and investments in automotive ecosystem, by way of subscription, purchase or otherwise, the securities of any other body corporate from time to time in one or more tranches as the Board may in their absolute discretion deem beneficial and in the interest of the Company, subject to applicable laws. The details of investments as may be made by the Company, will be intimated to the Stock exchanges from time to time. This intimation letter shall also be available on the Company’s website at https://www.cartradetech.com.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Popular Vehicles | 113.00 |
| Competent Auto | 387.80 |
| Landmark Cars | 402.90 |
| CarTrade Tech | 1953.40 |
| Resourceful Auto. | 49.00 |
| View more.. | |
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