Cartrade Tech Limited — Important, 18-03-2025: Updates

CarTrade Tech Limited has received a rectification order from the Income Tax Department for a refund of excess interest amounting to ₹15.60 cr. While this order has been acknowledged, it does not have a material impact on the company's financial or operational activities. The company will proceed with the necessary measures to rectify the demand and ensure compliance. Investors should view this development as a routine adjustment with no significant implications for the company's operational performance or financial health, indicating a stable outlook.