Article

Race Eco Chain Ltd, based in Ghaziabad, has received board approval for a strategic investment to acquire a 51% stake in its newly incorporated subsidiary, Race Grassland Private Ltd. This acquisition will provide Race Eco Chain with a controlling interest, enabling strategic and operational oversight.

The subsidiary will focus on recycling operations, reflecting the company's strategy to expand in the circular economy and sustainable waste management. The investment will occur after fulfilling all legal and regulatory requirements, highlighting the company's commitment to corporate governance and compliance.