Shareholding5 Oct 2026, 11:19 am
Race Eco Chain Promoters Pledge 44.79% Stake
AI Summary
Race Eco Chain Limited's promoters, Dinesh Pareekh, Sangeeta Pareekh, and BLP Equity Research Pvt Ltd, have disclosed the creation of a pledge on their entire shareholding, amounting to 77,30,100 equity shares, representing 44.79% of the total share capital. The pledge was created on September 8, 2026, for personal purposes and the shares have been pledged in favor of Share India Securities Limited. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoters pledged 77,30,100 equity shares, 44.79% of total capital.
- Pledge created on September 8, 2026, for personal purposes.
- Shares pledged in favor of Share India Securities Limited.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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