Race Eco Chain Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/09/2025 ,inter alia, to consider and approve The sechem of Arrangement under ....
RACE · price
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Race Eco Chain Ltd has informed the stock exchanges that its Board of Directors will meet on Wednesday, September 10, 2025, at the corporate office in Sahibabad, Ghaziabad. The key item on the agenda is to consider and approve a Scheme of Arrangement under Regulation 37 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a standard intimation filed under Regulation 29 of the listing rules. No further details such as the type of scheme, counterparty, share ratio, or valuation have been disclosed in this notice.
Shareholders should wait for the board's decision on September 10 to know the exact nature of the scheme — whether it is a merger, demerger, spin-off, or internal restructuring. The stock could see some speculative activity ahead of the meeting, but no material price impact is expected until concrete scheme details are announced.