ALPHA TRIBE

Race Eco Chain LimitedBoard Meeting, 11-02-2025: Outcome of Board Meeting

11-02-2025 | 04:46 pm

The Board has approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024, highlighting revenues of ₹129.07 crore and ₹321.78 crore, respectively. The Board has also authorized the disinvestment of its 65% stake in India Polymers Private Limited, marking it as no longer a subsidiary. Additionally, a principal investment of ₹0.95 crore to acquire a 95% stake in Vasundhara Envirogreen Private Limited has been sanctioned, which will lead to the latter becoming a subsidiary.

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