Further to its earlier intimation dated November 11, 2025, wherein the Company had informed the Stock Exchanges that it was in preliminary discussions with Girnar Software regarding a potential consolidation opportunity in the automotive classified’s businesses (CarDekho and BikeDekho) in India. CarTrade Tech has informed that the parties have mutually decided not to proceed with the proposed transaction at this stage. Accordingly, the transaction is not being pursued for now. The Company continues to remain fully focused on strengthening its existing portfolio of businesses across its platforms (CarWale, BikeWale, OLX India, and Shriram Automall). The company believe that its current businesses have strong fundamentals, operate in large and expanding Total Addressable Market (TAM), and provide significant headroom for growth. The Company will continue to pursue its strategic roadmap, drive product and technology innovation, and enhance value across its diversified ecosystem. The Company remains committed to evaluating strategic opportunities in the ordinary course of business, and any development requiring disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be duly communicated to the Stock Exchanges.

The above information is a part of company’s filings submitted to BSE.