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CarTrade Tech informs about outcome of board meeting

16 Dec 2021 Evaluate

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.

CarTrade Tech Share Price

1953.40 30.25 (1.57%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Popular Vehicles 113.00
Competent Auto 387.80
Landmark Cars 402.90
CarTrade Tech 1953.40
Resourceful Auto. 49.00
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