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Incorporated in 1999, Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers. Company also manufactures recycled products
Race Eco Chain announced its 26th Annual General Meeting will be held via video conference. The Annual Report for FY 2025-26 is now available online, ensuring shareholder access to crucial company information.
Race Eco Chain to feature at the Global Conclave on Plastic Recycling and Sustainability. This participation underscores the company's focus on sustainable business development and innovation in the recycling sector.
Race Eco Chain proposes demerging into three entities to unlock value. It formed a strategic alliance with Ganesha Ecosphere, a major PET recycler, including equity investment and new collection centers. FY26 consolidated revenue surged 73.9% to ₹618.75 Cr, while profitability faced pressure from raw material cost hikes.
Race Eco Chain invested ₹1.02 Cr in its recycling subsidiary, Ganesha Recycling Chain Private Limited, via a Rights Issue. This strategic investment maintains Race Eco Chain's 51% stake and aims to expand its recycling business operations.
Race Eco Chain has announced an Annual General Meeting and the Annual Report for FY24-25 is available. Shareholders with physical shares should update KYC and dematerialize. Unupdated physical folios will only receive payments electronically.