CarTrade Tech Limited — M&A Activity 2025

Nov 11, 2025

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Date: November 11, 2025

To, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai - 400001 Scrip Code: 543333

To, Listing Department, National Stock Exchange of India Limited Exchange plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra East, Mumbai – 400051 Scrip Symbol: CARTRADE

ISIN: INE290S01011

Dear Sir(s),

This is with reference to certain reports appearing on a news channel and across various social media platforms which mention a potential acquisition by CarTrade Tech Limited (“the Company”).

The Company, in the ordinary course of its business, continually evaluates various strategic opportunities, including potential investments and acquisitions, as part of its growth strategy. In this context, the Company has been in discussions with Girnar Software regarding a potential consolidation opportunity in the new and used automotive classifieds businesses (CarDekho and BikeDekho) in India. These discussions are limited to the automotive classifieds businesses and do not include financing, insurance, or other non-automotive businesses of theirs. At this stage, there is no binding or definitive agreement executed in relation to the transaction referred to in the said reports.

The Company follows strong corporate governance practices and is fully committed to complying with all applicable regulatory requirements. Accordingly, if any binding document is executed, the Company will make the necessary disclosure in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Yours faithfully,

For CarTrade Tech Limited

Digitally signed by LAL BAHADUR LAL BAHADUR DEEPNARAYA DEEPNARAYAN PAL N PAL Date: 2025.11.11 08:42:45 +05'30'

_________________________________________

Lalbahadur Pal

Company Secretary and Compliance officer Mem. No. A40812

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