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

Shareholding Pattern

Jun '26

Mar '26

Dec '25

Sep '25

Jun '25

Retail And Others
54.63%
Promoters
44.79%
Other Domestic Institutions
0.58%

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ScoutQuest • 7 hours ago

Race Eco Chain Ltd extends Rs. 4.97 cr corporate guarantee to subsidiary. Guarantee tied to Bank of India credit; no promoter group involvement except common director.

ScoutQuest • 2 weeks ago

Race Eco Chain Ltd invested INR 1.17 crore in subsidiary Ganesha Recycling. The investment aims to maintain 51% ownership and expand recycling business.

ScoutQuest • 1 month ago

Race Eco Chain Ltd sold 2.1M shares (0.99% stake) of an associate company. Sale ends associate relationship by June 2026; contributed 53.6% of income last year.

ScoutQuest • 2 months ago

Race Eco Chain's Q4 FY26 revenue rose 36.2% YoY to ₹618.8 crore. Q4 FY26 PAT grew 22.2% YoY to ₹7.3 crore, with 1.18% margin.

BSE • 2 months ago

Race Eco Chain's board meeting rescheduled to May 30, 2026, to discuss financial results and CFO changes. Trading window remains closed till 48 hours post-meeting conclusion per insider trading policy.

BSE • 3 months ago

Race Eco Chain Ltd's subsidiary, Ganesha Recycling Chain, acquired a 51% stake in Shubhlaxmi Ecoplast LLP. The acquisition, valued at Rs. 2.3 Cr, aligns with corporate objectives to expand recycling operations.

ScoutQuest • 3 months ago

Race Eco Chain's subsidiary invested Rs. 2 crore for a 49% stake in GEM Polymers. This investment aims to expand the company's recycling business through GEM Polymers.

BSE • 3 months ago

Race Eco Chain Ltd invested ₹1.02 crore in subsidiary Ganesha Recycling Chain Pvt Ltd via rights issue. Post investment, Race Eco Chain retains 51% stake in Ganesha Recycling, focused on recycling business.

BSE • 4 months ago

Race Eco Chain Ltd reported a GST Department search at its Noida corporate office on March 27, 2026. The search operation concluded the same day; no violations or financial impact were reported.

BSE • 5 months ago

Race Eco Chain Ltd informs BSE/NSE about incorporation of subsidiary Race Grassland Pvt Ltd. Race Grassland focuses on recycling, subscribed 51% shares; authorized capital Rs. 15L.

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