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CarTrade Tech Ltd is a multi-channel auto platform provider company with coverage and presence across vehicle types and Value Added Services. The company operates various brands such asCarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of…
CarTrade Tech has scheduled its 26th Annual General Meeting. The Annual Report for FY2025-26 is now accessible via web-link. The company is dispatching these links to shareholders without registered emails, urging them to update contact details for future updates.
CarTrade Tech allotted 1,85,500 new equity shares via ESOPs, raising paid-up capital from Rs. 48.33 Cr to Rs. 48.51 Cr. This boosts total shares to 4,85,12,035. A minor equity expansion for employee vesting.
CarTrade Tech allotted 3,03,500 new equity shares via ESOPs, increasing the total paid-up share capital by Rs. 0.3035 Cr. The company's paid-up capital now stands at Rs. 48.33 Cr, with total outstanding shares at 4,83,26,535.
CarTrade Tech allotted 95,000 equity shares under its Employee Stock Option Plans. This increased the company's paid-up share capital from Rs. 47.93 Cr to Rs. 48.02 Cr.
CarTrade Tech granted 50,000 ESOP options to eligible employees, including a Director's relative. These options vest over four years, priced at 0% discount to market value, potentially impacting future dilution and employee motivation.