Race Eco Chain Limited — Important, 20-02-2026: Disclosure of material issue

Race Eco Chain has approved investing in a new subsidiary, Race Grassland Private Limited. This strategic move aims to expand into green energy, biomass production, and waste recycling, including ventures into bio-mass plants and biogas manufacturing from various waste sources.

**Issue:** Formation of a new subsidiary to enter the green energy and waste recycling sector.

**Possible Impact:** Potential for Race Eco Chain to diversify its revenue streams, capitalize on growing opportunities in renewable energy, waste utilization, and secure carbon credit benefits. This expands the company's operational footprint within the recycling industry.

**Company’s Response/Mitigation Plan:** The company will subscribe to 51% of Race Grassland Private Limited's share capital for Rs. 7.65 Lakhs, making it a majority-owned subsidiary upon its incorporation. This proactive step positions Race Eco Chain for growth in the sustainable energy and waste management space.