Tata Mutual Fund raises stake above 5% in CarTrade Tech

Tata Mutual Fund, along with persons acting in concert (PAC), has crossed the 5% shareholding threshold in CarTrade Tech Limited following secondary market purchases made on January 28, 2026, according to regulatory disclosures.

Tata Asset Management Company, acting on behalf of its mutual fund schemes, acquired 90,522 equity shares carrying voting rights during the transaction. This increased the combined holding of Tata Mutual Fund and PAC to 23,99,962 shares, representing 5.0163% of CarTrade Tech’s total shareholding. Prior to the acquisition, Tata Mutual Fund and PAC together held 23,09,440 shares, equivalent to a 4.8271% stake in the company.

The purchases were executed through the open market and involved multiple schemes, including Tata Balanced Advantage Fund, Tata Digital India Fund, Tata India Consumer Fund, Tata Small Cap Fund, and Tata Value Fund. The acquisition was completed entirely through secondary market transactions.

The increase in stake comes shortly after CarTrade Tech reported stronger financial performance for the December quarter. The company posted revenue of Rs 210 crore in Q3 FY26, up from Rs 176 crore in the corresponding quarter of the previous year. Net profit for the quarter rose to Rs 61.5 crore in Q3 FY26.