Shareholding5 Oct 2026, 12:05 pm
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 encumbrance of their entire shareholding, amounting to 77,30,100 equity shares, which represents 44.79% of the total share capital. The encumbrance, in the form of a pledge for personal purposes, was created on October 1, 2026. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Promoters of Race Eco Chain have pledged their entire shareholding.
- Total encumbered shares represent 44.79% of the company's total share capital.
- The encumbrance is a pledge created for personal purposes.
- Disclosure made as per SEBI (SAST) Regulations, 2011.
Price Impact
More from RACE