Race Eco Chain Merger & Restructuring
Race Eco Chain Limited received an "observation letter" from stock exchanges, granting "no objection" to its draft composite scheme of arrangement (demerger).
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Race Eco Chain Limited received an "observation letter" from stock exchanges, granting "no objection" to its draft composite scheme of arrangement (demerger).
Race Eco Chain Ltd has invested ₹1.02 Crore in its subsidiary, Ganesha Recycling Chain Private Limited, via a rights issue subscription. This transaction maintains the company's 51% stake.
Race Eco Chain Ltd sold a 0.99% stake in its associate, Prime Industries Limited. The transaction was completed on July 1, 2026, for ₹8.86 Lakh.
Race Eco Chain invested Rs. 1.17 Crore in subsidiary Ganesha Recycling Chain via a rights issue. The company maintains a 51% controlling stake in the recycling entity.