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    ALPHA TRIBE

    Race Eco Chain Limited — Important, 14-08-2026: Disclosure of material issue

    14-08-2026 | 08:06 pm

    Race Eco Chain #RACE has invested ₹1.02 Cr cash in its subsidiary, Ganesha Recycling Chain Private Limited, by subscribing to a Rights Issue. This investment is part of RACE's strategy to expand its business, with the company maintaining its 51% ownership stake in Ganesha Recycling.

    Ganesha Recycling, incorporated in Sep 2024, operates in the recycling sector. Its turnover grew from ₹0.01 Lakh in 2025 to ₹21.19 Lakh in 2026, indicating early growth. #Recycling #Investment #BusinessExpansion

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