The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

CARTRADE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹1639.00

prior close

₹1630.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.5%+2.3% vs market

E-Retail/ E-Commerce peers, median of 12sector-0.0%+2.8% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Smallcap 250 and 2.8 pts more than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.0

15m

-0.1

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+0.5+2.3-0.0+2.8

Next day

+3.8-0.2+4.0-1.2+5.1

+2.7-0.4+3.1-1.6+4.4

+0.7-2.3+3.0-3.4+4.1

-0.2-1.7+1.5-2.2+1.9

-0.5-0.9+0.4-1.7+1.2

-0.9+1.4-2.3+0.3-1.1

15d

+3.5+3.0+0.5+0.9+2.6

+17.4+4.5+12.9+2.0+15.4

+51.4-1.9+53.3-4.1+55.4

+45.2+1.0+44.2+2.0+43.2

UpDownMarket · Nifty Smallcap 250Sector · E-Retail/ E-Commerce peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mirae Asset Mutual Fund sold 2,58,322 shares (0.54%) of CarTrade Tech Ltd on June 12, 2025 through open market transactions. Prior to the sale, the fund held 23,54,847 shares (4.96%), which has now come down to 20,96,525 shares (4.42%). The disclosure was filed under SEBI SAST Regulation 29(2) on June 13, 2025. Mirae Asset is not a promoter of the company, so this is an institutional portfolio adjustment.

Likely market impact

A modest reduction by a foreign mutual fund — the stake drop is small (54 basis points), suggesting routine rebalancing rather than a significant loss of confidence. Stock price may see minor short-term pressure but the impact is limited given the small size of the sale.