Race Eco Chain Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 24, 2025
RACE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Race Eco Chain Limited held its 25th Annual General Meeting on September 24, 2025, via video conferencing, with all directors present except Mrs. Seema Malik. Shareholders approved the standalone and consolidated audited financial statements for FY ended March 31, 2025, and re-appointed Mr. Sunil Kumar Malik as Director (retiring by rotation). M/s. HKS & Associates LLP was appointed as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30. Members also approved material related party transactions with subsidiaries Ganesha Recycling Chain Pvt Ltd and Silverline Eco Thrive Limited for FY 2025-26, and an increase in the limit for loans, guarantees, and security under Section 185 of the Companies Act, 2013. The Chairman shared highlights of the company's performance for FY 2024-25, and the meeting concluded at 1:56 PM with e-voting results to be announced separately.
This is a routine regulatory filing confirming shareholder approval of standard AGM agenda items. No major surprises or material strategic shifts are evident, though the increased related party transaction limits with subsidiaries signal continued inter-group business activity.