RACE ECO CHAIN LTD: GANESHA RECYCLING CHAIN PRIVATE LIMITED ACQUIRES 0.01% CCPS WORTH RS 46.69 CR

• Ganesha Recycling Chain Private Limited, a material subsidiary, approved allotment of 93,379 0.01% Compulsorily Convertible Cumulative Preference Shares ("CCPS") for an aggregate consideration of ₹4,66,89,500 (~₹46.69 Cr). • Post-allotment, stake in subsidiary remains 51% ownership. • Impact: Positive (Further investment in subsidiary to support business expansion)

Race Eco Chain Limited

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