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Race Eco Chain Ltd. Announces Strategic Corporate Changes

Story Highlights
  • Race Eco Chain Ltd. approved a scheme of arrangement with GeoEco Green Energy Ltd. and Race Gateway Ltd.
  • The company reconstituted its Audit Committee and shifted its corporate office to Noida.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Race Eco Chain Ltd. Announces Strategic Corporate Changes

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An announcement from Race Eco Chain Ltd. ( (IN:RACE) ) is now available.

Race Eco Chain Ltd. announced the approval of a scheme of arrangement involving itself, GeoEco Green Energy Ltd., and Race Gateway Ltd., which will impact shareholders and creditors under the Companies Act and Income Tax Act provisions. Additionally, the company noted the resignation and role change of Mr. Anil Kumar Behl, reconstituted its Audit Committee with Mr. Sanjay Kukreja as the new chairperson, and shifted its corporate office to Noida, Uttar Pradesh.

More about Race Eco Chain Ltd.

Average Trading Volume: 655

Technical Sentiment Signal: Sell

Current Market Cap: 2.49B INR

For detailed information about RACE stock, go to TipRanks’ Stock Analysis page.

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