Cambridge Technology Enterprises Limited has informed the Exchange regarding Pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015, please find enclosed herewith the disclosure in Form D as received from Smartshift AG, Connected Person of the Company.
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Smartshift AG, a connected person of Cambridge Technology Enterprises (described as a concern in which a director holds more than 10% interest), has sold 9,50,000 equity shares worth approximately Rs. 2.22 crore through an off-market deal executed on March 25-26, 2026. Prior to the sale, Smartshift AG held 12,21,100 shares (6.22% stake), and after the sale its holding has dropped to 2,71,100 shares (1.38%). The reduction of nearly 4.84 percentage points in a single transaction is a sizeable exit by a connected person. The disclosure was filed under SEBI's insider trading regulations in Form D.
A connected person cutting its stake from 6.22% to 1.38% in an off-market sale signals a significant reduction in confidence or a portfolio rebalancing by an insider-linked entity. Retail investors should note this large insider sell-off, as it may exert negative sentiment on the stock, even though the shares were transferred off-market rather than sold on the exchanges.