17-Jul-2026 19:20:24

RACEAcquisition and merger

RACE ECO CHAIN LTD: GANESHA RECYCLING CHAIN PVT LTD STEP-DOWN SUBSIDIARY ACQUIRES EQUITY SHARES

• Race Eco Chain Limited invested ₹1.17 Cr towards rights issue of its subsidiary Ganesha Recycling Chain Private Limited. • 1,17,300 equity shares allotted on July 17, 2026, maintaining 51% ownership. • Ganesha Recycling Chain Private Limited incorporated on 10/09/2024, engaged in Recycling business. • The investment is part of the overall corporate objective to expand business.

Race Eco Chain Ltd

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