Race Eco Chain Ltd. is an environmentally focused company that has created a unique technology-based system to manage waste across India. The company's vision for 2030 includes achieving over 25% market share in India's PET waste market and growing revenues by 40-50%. Its core mission is to build a structured and organized circular economy system, ensuring waste is converted into environmentally responsible products. The company is a major aggregator of plastic waste, specializing in collecting and supplying these materials to recyclers for processing. To digitize the supply chain and improve efficiency, the company has launched the 'RACE App' for transparent transactions and easy logistics. Demonstrating strong growth, the company has expanded its presence to over 10 states in India, building a network of more than 200 suppliers.;

CEO/MD

Sunil Kumar Malik

Founded in

1999

NSE symbol

RACE

Industry

Shareholding pattern

Sep '25

Dec '25

Mar '26

Jun '26

Sep '26

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BSE • 3 weeks ago

Promoters of Race Eco Chain Limited, including Dinesh Pareekh, Sangeeta Pareekh, and BLP Equity Research, pledged their entire 100% shareholding of 77,30,100 equity shares, accounting for 44.8% of the company's total share capital. The pledge was created in favor of Share India Securities Limited for personal purposes against an encumbered amount of Rs 59.2 crore, with pledged shares valued at Rs 75.4 crore.

ScoutQuest • 3 weeks ago

Race Eco Chain subscribed to the rights issue of its material subsidiary, Ganesha Recycling Chain Pvt Ltd, securing an allotment of 1,02,000 equity shares for Rs 1,02,00,000 in cash. Following the transaction, Race Eco Chain's shareholding in the subsidiary remains unchanged at 51%.

BSE • 4 weeks ago

Race Eco Chain Limited announced the voting results for its Annual General Meeting held on September 26, 2026, with shareholders approving all four proposed resolutions with overwhelming majority. Approved resolutions include adopting FY26 financial statements, appointing Akshay Singhla & Associates as statutory auditors, re-appointing director Lalit Kumar Malik, and approving Sunil Kumar Malik as Managing Director.

ScoutQuest • 1 month ago

Nidhi Agarwal sold 98,750 shares of Race Eco Chain at ₹105.1/share. Transaction totaled ₹1.04 crore on 2026-09-22.

BSE • 1 month ago

Race Eco Chain Ltd received 'no adverse observations' from NSE and BSE for its demerger scheme. The scheme involves Race Eco Chain Ltd, Geoeco Green Energy Ltd, and Race Gateway Ltd, requiring regulatory and NCLT approvals.

BSE • 2 months ago

Race Eco Chain Ltd invested Rs. 4.66 Cr in subsidiary Ganesha Recycling, acquiring 93,379 CCPS. The transaction secures a 51% stake in Ganesha Recycling, aligning with corporate expansion goals.

BSE • 2 months ago

Race Eco Chain Ltd received a CGST notice for availing ITC of ₹16.74 cr from suppliers with canceled registrations. The company plans to submit a detailed response within 30 days, expecting no immediate operational impact.

ScoutQuest • 2 months ago

Race Eco Chain Ltd invests INR 1.02 crore via rights issue in subsidiary. Maintains 51% ownership in Ganesha Recycling Chain to expand recycling business.

ScoutQuest • 2 months ago

Race Eco Chain approves Q1 FY27 results, appoints new auditors for FY27. Reappoints MD Sunil Kumar Malik for 3 years; AGM on 26 Sep 2026.

ScoutQuest • 2 months ago

Race Eco Chain Ltd shared the outcome of its board meeting dated 12-08-2026.

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