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Home โ€บ News โ€บ RACE โ€บ Corporate Action

Race Eco Chain Ltd (RACE) โ€” Corporate Action | 8 September 2026

8 September 2026 ยท BSE ๐Ÿ”ด High Importance Neutral
By StockFin Research Teamโ€ขAI-Assisted Analysisโ€ขSource: BSE/NSE Filings
๐Ÿ“ข Key Event
Company acquires 51% stake in Ganesha Recycling via cash investment of Rs. 4.67 crores
๐Ÿ”„ What Changed
51% ownership maintained with Rs. 4.67 crores cash investment in subsidiary
๐Ÿ’ก Investor Takeaway
The acquisition expands recycling operations while preserving existing ownership structure.

Race Eco Chain announced on September 8, 2026 that its subsidiary Ganesha Recycling Chain Private Limited allotted 93,379 0.01% Compulsorily Convertible Cumulative Preference Shares to the company for Rs. 4.67 crores, maintaining 51% ownership. The cash investment supports recycling sector expansion in India.

๐Ÿ“„ View Original Announcement (PDF)

๐Ÿ“Š Stock Analysis โ€” RACEโœจ Ask AI About This

About Race Eco Chain Ltd (RACE)

Services ยท Trading ยท Listed on BSE

Market Cap: โ‚น210.76 CrP/E: 26.6ROE: 10.1%ROCE: 11.1%

View full RACE stock details โ†’

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๐Ÿ’ก Ask AI about this filing

"How will the CCPS convert and affect future dilution?""What is the valuation multiple versus Ganesha's revenue?""When will the subsidiary become profitable?"
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๐Ÿ“Š More RACE filings

  • ๐Ÿ”ด Corporate Action โ€” 29 September 2026Race Eco Chain announced a rights issue where its subsidiary Ganesha Recycling Chain Private Limited...
  • ๐ŸŸก Board Meeting โ€” 26 September 2026Race Eco Chain held its 26th AGM on 26 September 2026 via video conferencing, approving the FY2026 a...
  • Announcement โ€” 24 September 2026Race Eco Chain Ltd announced that its trading window closes on October 1, 2026, remaining shut until...
  • ๐Ÿ”ด Corporate Action โ€” 21 September 2026Race Eco Chain announced it received 'no adverse observations' from BSE and NSE on its draft composi...
  • ๐Ÿ”ด Annual Report โ€” 1 September 2026Race Eco Chain Ltd (RACE) reported FY2025-26 revenue of **โ‚น38,182.48 lakhs**, down from **โ‚น46,029.91...
See all RACE filings โ†’

๐Ÿ”ฅ Also filed on 8 September 2026

500357Rama Paper Mills LtdAnnual Report514028Rajkamal Synthetics LtdAnnual ReportINDIANORGFutura Polyesters LtdFinancial ResultsUYFINCORPU. Y. Fincorp LtdAnnual ReportAPOLLOApollo Micro Systems LtdAnnual Report544201Dindigul Farm Product LtdCorporate Action
View all today's announcements โ†’

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

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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ยฉ 2026 StockFin.ai is not a SEBI-registered advisor. For informational purposes only.

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