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).
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
7 announcements with these filters
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.
Race Eco Chain sold a 0.99% stake in associate company Prime Industries Limited. The transaction value was approximately ₹0.01 Crore.
Race Eco Chain Ltd subsidiary invested ₹2.00 Crore into step-down subsidiary GEM Polymers. This investment acquires a 49% stake to expand recycling operations.
Race Eco Chain Limited invested ₹1.02 Crore in its subsidiary, Ganesha Recycling Chain Private Limited, through a rights issue subscription. The company was allotted 1,02,000 equity shares, maintaining its 51% majority ownership stake in the recycling-focused entity.