CARTRADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CarTrade Tech announced the results of a postal ballot conducted to seek shareholder approval for increasing the remuneration of Mrs. Aneesha Bhandary, Executive Director and Chief Financial Officer of the company. The special resolution was passed with overwhelming support — 99.93% of votes polled were in favour, with only 0.07% against. Out of 4.78 crore total shares, about 2.57 crore shares (53.79%) were voted. Institutional shareholders showed very strong support at 99.93% in favour, while non-institutional public shareholders voted 92.13% in favour. The promoter group did not participate in the voting. The scrutinizer confirmed the resolution as duly passed on March 5, 2026.
This is a routine governance action confirming shareholder approval for a pay hike to the company's CFO and Executive Director. The near-unanimous support (99.93%) suggests no shareholder concern over the compensation decision, and is unlikely to have any meaningful impact on the stock price.