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Race Eco Chain’s arm makes investment of Rs 5 crore in GEM Polymers

13 Jun 2025 Evaluate

Race Eco Chain’s subsidiary -- Ganesha Recycling Chain has made an investment in M/s GEM Polymers. GEM Polymers is a subsidiary of Ganesha Recycling Chain and a step-down subsidiary of the company. GEM Polymers is engaged in the business of recycling.

As part of this investment, 5,00,000 equity shares of M/s GEM Polymers having a face value of Rs 10 each have been allotted at a price of Rs 100 per share (comprising a premium of Rs 90 per share). The total investment amounts to Rs 5.00 crore.

Race Eco Chain is dedicated to creating & trading home textile products that take your breath away.

Peers
Company Name CMP
VA Tech Wabag 1884.35
ION Exchage 377.20
Refex Industries 256.95
Antony WasteHandling 332.50
Race Eco Chain 119.30
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