Announced Fri, 17 Jul · 10:57 IST
MacRitchie Investments sells 0.64 percent stake in CarTrade Tech via open market
CARTRADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹2809.00
prior close
₹2725.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.4-0.4-2.2-2.8-0.0-4.1-5.4—————
Up moveDown movePending
AI summary
MacRitchie Investments Pte. Ltd. (Singapore), a non-promoter entity, sold 3,04,529 shares (0.64% of total equity, 0.59% on diluted basis) of CarTrade Tech in the open market on July 14, 2026. This is part of a larger sale totalling 10,03,022 shares. Holding dropped from 8.39% (40,15,668 shares) to 7.75% (37,11,139 shares). Disclosure filed under Reg 29(2) of SEBI Takeover Rules as the transaction caused a 2% change in shareholding.
Likely market impact
Foreign investor reducing stake in CarTrade Tech, part of a broader 10 lakh share exit. May signal continued selling pressure and weak sentiment.