CarTrade Tech Ltd - Clarification With Respect To Increase In Volume - Vide BSE Email Dated June 06, 2023

This is with reference to your above referred letter received by us vide email dated June 05, 2023 seeking our clarification on increase in volume of shares of CarTrade Tech Limited (the 'Company') across the exchanges. In view of the above, please be informed that there is no information/announcement to be made by the Company which, in our opinion, may have a bearing on the volume behavior in scrip of the Company and which is required to be disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). The Company evaluates opportunities from time to time and makes announcements as per the requirements of the Listing Regulations, as and when applicable. Also, the Company has in the past made timely disclosure under Regulation 30 of the Listing Regulations.