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Race Eco Chain invests Rs 1,02,00,000 in Ganesha Recycling Chain, retaining majority stake
29-Sep-2026, 09:04

Race Eco Chain Limited announced that its material subsidiary, Ganesha Recycling Chain Private Limited, has approved the allotment of 1,02,000 equity shares via a rights issue, with Race Eco Chain contributing Rs 1,02,00,000, maintaining its 51% ownership stake in the subsidiary; Ganesha Recycling Chain Private Limited was incorporated on September 10, 2024, and is engaged in the business of recycling with a turnover of Rs 21.19 lakh in 2026.