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Corporate News

Race Eco Chain subsidiary receives Rs 4.67 crore investment, parent retains majority stake
08-Sep-2026, 02:05

Race Eco Chain Limited announced that its material subsidiary, Ganesha Recycling Chain Private Limited, has allotted 93,379 0.01% Compulsorily Convertible Cumulative Preference Shares with a face value of Rs 10 each for an aggregate consideration of Rs 4,66,89,500 to Race Eco Chain Limited, maintaining the parent company’s 51% ownership stake.