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Home › News › RACE › Corporate Action

Race Eco Chain Ltd (RACE) — Corporate Action | 29 September 2026

29 September 2026 · BSE 🔴 High Importance Neutral
By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings
📢 Key Event
Rights issue approved for subsidiary Ganesha Recycling Chain
🔄 What Changed
51% stake acquired at ₹1 crore cost
🔮 What's Next
Not Applicable
💡 Investor Takeaway
Routine procedural filing with no direct impact on shareholders.

Race Eco Chain announced a rights issue where its subsidiary Ganesha Recycling Chain Private Limited will allot 102,000 shares at ₹1 crore total cost, maintaining 51% ownership. The acquisition targets India's recycling sector with minimal turnover and no related party conflicts.

📄 View Original Announcement (PDF)

📊 Stock Analysis — RACE✨ Ask AI About This

About Race Eco Chain Ltd (RACE)

Services · Trading · Listed on BSE

Market Cap: ₹210.76 CrP/E: 26.6ROE: 10.1%ROCE: 11.1%

View full RACE stock details →

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"What is the rights issue price per share?""How will the ₹1 crore investment affect subsidiary valuation?""What is the current market cap of Ganesha Recycling Chain?"
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📊 More RACE filings

  • 🟡 Board Meeting — 26 September 2026Race Eco Chain held its 26th AGM on 26 September 2026 via video conferencing, approving the FY2026 a...
  • Announcement — 24 September 2026Race Eco Chain Ltd announced that its trading window closes on October 1, 2026, remaining shut until...
  • 🔴 Corporate Action — 21 September 2026Race Eco Chain announced it received 'no adverse observations' from BSE and NSE on its draft composi...
  • 🔴 Corporate Action — 8 September 2026Race Eco Chain announced on September 8, 2026 that its subsidiary Ganesha Recycling Chain Private Li...
  • 🔴 Annual Report — 1 September 2026Race Eco Chain Ltd (RACE) reported FY2025-26 revenue of **₹38,182.48 lakhs**, down from **₹46,029.91...
See all RACE filings →

🔥 Also filed on 29 September 2026

ADANIPOWERAdani Power LtdAnnouncementAPOLLOApollo Micro Systems LtdAnnouncementADANIENTAdani Enterprises LtdAnnouncementADANIPORTSAdani Ports & Special Economic Zone LtdAnnouncementPFOCUSPrime Focus LtdAnnouncementMCXMulti Commodity Exchange of India LtdAnnouncement
View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — 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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© 2026 StockFin.ai is not a SEBI-registered advisor. For informational purposes only.

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