Race Eco Chain (RACE) — Announcement

📢 Key Event
Company extends corporate guarantee for Rs. 4.97 crore credit facility to subsidiary

💡 Investor Takeaway
The guarantee does not create immediate financial risk or dilution for shareholders.

Race Eco Chain Limited announced it is providing a corporate guarantee for a Rs. 4.97 crore credit facility to its material subsidiary Silverline Eco Thrive Limited, as required under SEBI regulations. The guarantee is given on an arm's length basis with no promoter interest beyond shared directorship, and no immediate financial impact on the company beyond standard disclosure.

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About Race Eco Chain Limited (RACE)

Utilities · Other Utilities · Listed on NSE

Market Cap: ₹225.78 Cr P/E: 37.4

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🔥 Also filed on 3 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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