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Race Eco Chain inches up on getting nod to invest in proposed subsidiary company

The Board of Directors of the Company, at its meeting held on February 20, 2026, has approved the same

Race Eco Chain is currently trading at Rs. 120.25, up by 0.05 points or 0.04% from its previous closing of Rs. 120.20 on the BSE.

The scrip opened at Rs. 120.25 and has touched a high and low of Rs. 120.25 and Rs. 120.25 respectively. So far 1 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 303.45 on 28-Mar-2025 and a 52 week low of Rs. 96.25 on 02-Feb-2026.

Last one week high and low of the scrip stood at Rs. 129.00 and Rs. 105.75 respectively. The current market cap of the company is Rs. 207.52 crore.

The promoters holding in the company stood at 44.79%, while Institutions and Non-Institutions held 1.29% and 53.92% respectively.

Race Eco Chain has received approval for the proposal to invest in a proposed company to be incorporated under the name ‘Race Grassland’. The company has also planned to subscribe to 51% of the share capital of the said proposed company. Upon its incorporation, Race Grassland will become a subsidiary of the Company. The Board of Directors of the Company, at its meeting held on February 20, 2026, has approved the same.   

Race Eco Chain is dedicated to creating & trading home textile products that take your breath away.