Sep 25, 03:48 AM

Warburg Pincus Exits CarTrade Tech for Rs 375 Crore, Shares Surge 6.02% to Rs 1,034

Warburg Pincus has exited its investment in CarTrade Tech by selling its entire 8.64% stake for Rs 375 crore. The transaction was part of a larger trade where 49.5 lakh shares, representing 10.5% equity, worth ₹458.5 crore changed hands at ₹927 per share. CarTrade Tech's share price surged 6.02% to hit a 52-week high of Rs 1,034 per share on the BSE.

#Warburg Pincus #CarTrade Tech

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