Back
Corporate News
Race Eco Chain invested Rs 1,02,00,000 for a 51% stake in Ganesha Recycling Chain
14-Aug-2026, 09:46
Race Eco Chain Limited invested Rs 1,02,00,000 in equity shares of its subsidiary, Ganesha Recycling Chain Private Limited, on August 14, 2026, acquiring 1,02,000 shares and maintaining a 51% ownership stake. The investment, made at an arm’s length basis, expands the company’s business and contributes to its overall corporate objective, according to a regulatory filing. Ganesha Recycling Chain Private Limited, incorporated on September 10, 2024, is engaged in the business of recycling and reported a turnover of Rs 21.19 lakh in 2026.
Race Eco Chain Limited invested Rs 1,02,00,000 in equity shares of its subsidiary, Ganesha Recycling Chain Private Limited, on August 14, 2026, acquiring 1,02,000 shares and maintaining a 51% ownership stake. The investment, made at an arm’s length basis, expands the company’s business and contributes to its overall corporate objective, according to a regulatory filing. Ganesha Recycling Chain Private Limited, incorporated on September 10, 2024, is engaged in the business of recycling and reported a turnover of Rs 21.19 lakh in 2026.