Race Eco Chain has informed stakeholders about a GST search conducted at its Noida office, providing detailed disclosure under regulatory requirements and confirming no violations were found during the examination.

GST Search Operations Details

The company disclosed that GST authorities conducted search operations at its corporate office on March 27, 2026. The search was carried out by the Commissioner, CGST Commissionerate, Noida, as part of regulatory procedures undertaken by tax authorities.

Regulatory Compliance Disclosure

Race Eco Chain has provided comprehensive details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no search authorization direction or order was issued, and no violations or contraventions were committed or alleged to be committed during the examination process.

Impact Assessment

The management has provided clear assurance regarding the search's impact on business operations. The company has specifically stated that the GST search operations resulted in no financial, operational, or other quantifiable impact on its activities.

The formal disclosure demonstrates the company's commitment to transparency in communicating regulatory developments to stakeholders and maintaining compliance with both tax regulations and stock exchange listing requirements.

Race Eco Chain Limited has received a regulatory disclosure from Aryan Malik regarding his recent share acquisition under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure, dated March 18, 2026, details a minor but significant transaction that maintains transparency in shareholding patterns.

Transaction Details

The acquisition involved a modest purchase of 5 shares through open market transaction on March 17, 2026. The following table summarizes the key transaction parameters:

Shareholding Pattern Analysis

The disclosure reveals the complete shareholding structure before and after the transaction. Aryan Malik operates in concert with Puja Malik, who holds a substantial position in the company.

Company Capital Structure

Race Eco Chain Limited maintains a stable equity capital structure throughout this transaction period. The company's total equity share capital stands at Rs. 172572000, comprising 1,72,57,200 equity shares of Rs. 10 each. This capital structure remained unchanged both before and after Malik's acquisition.

Regulatory Compliance

The disclosure demonstrates adherence to SEBI's transparency requirements for substantial shareholding changes. Key compliance aspects include:

• Timely filing within prescribed regulatory timeframes
• Complete disclosure of Person Acting in Concert (PAC) arrangements
• Detailed breakdown of voting rights and shareholding percentages
• Confirmation of non-promoter status

The filing confirms that neither Aryan Malik nor his PAC Puja Malik belong to the promoter or promoter group of Race Eco Chain Limited. The company's shares are listed on both Bombay Stock Exchange Limited and National Stock Exchange Limited, ensuring broad market access and liquidity for investors.