Race Eco Chain Ltd (RACE) — FY26 Annual Report | 1 September 2026(2 announcements)

Race Eco Chain Ltd (RACE) reported FY2025-26 revenue of ₹38,182.48 lakhs, down from ₹46,029.91 lakhs in the prior year, with net profit declining to ₹229.62 lakhs from ₹375.76 lakhs. The company finalized its 26th AGM on 26 September 2026, reappointing Managing Director Sunil Kumar Malik for three years and appointing new directors. It disclosed a scheme of arrangement to demerge Biomass and Restore Bag divisions into separate entities under SEBI review. Key risks include regulatory changes in EPR frameworks, execution challenges in scaling PET recycling infrastructure, and dependence on volatile waste supply chains. The board emphasized Vision 2030 to build a traceable, ESG-aligned circular economy via digital platforms like the RACE Eco App and Ganesha Recycling Chain.

Race Eco Chain Limited announced that shareholders who have not registered their email addresses will receive a letter with links to access the 26th Annual General Meeting notice and the Annual Report for financial year 2025-26. The letter, dated September 1, 2026, provides web links for the AGM notice and report, reminds shareholders to update KYC details and dematerialise physical securities, and notes SEBI's requirement for electronic payments from April 1, 2024. It also instructs shareholders to update their email addresses via depositories or by contacting the company and to include their Folio No/DPID-Client Id in future communications.