BSEInsider Trading / SAST5 Oct 2026 · 5 Oct 2026, 11:19 am

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 01, 2026 for Dinesh Pareekh & Others

Race Eco Chain Ltd · 537785

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Dinesh Pareekh and other promoters of Race Eco Chain Ltd have created a pledge on their entire holding of 77,30,100 equity shares, representing 44.79% of the company's total share capital.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern5/10
Regulatory Risk2/10
Balance Sheet Risk8/10
Liquidity Impact2/10
Market Sentiment3/10

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Full Announcement

Race Eco Chain Ltd - 537785 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

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4A71977E_FB97_4849_9C3C_0FD9FE1A05FA_111903.pdf

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Dated: 01" October, 2026 BSE Limited NationalS tock Exchange of Race Eco Chain Limited Phiroze Jeejeebhoy India Limited Towers Listing Department Reg Office: Shop No. 37, Shanker Dalal Street, Mumbai - Exchange Plaza, C-1, Block-G, Market, Connaught Place, Central 400001 Bandra-Kurla Complex, Delhi, New Delhi - 110001 Mumbai-400051 Scrip Code: 544199 Corp Office: A-115, Sector-136, Symbol: RACE Noida, Uttar Pradesh- 201304 Target Company: Race Eco Chain Limited Subject: Disclosure under Regulation 31(1) read with Regulation 31(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir/ Ma'amn, Pursuant to Regulation 31(1) read with Regulation 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, I, Dinesh Pareekh along with all Promoter (Sangeeta Pareekh and BLP Equity Research Pvt Ltd) of Race Eco Chain Limited ("Target Company") hereby submits the disclosure regarding the creation of pledge on all holding of Promoters 77,30,100 equity shares of the Company held by us. Further, the details as required under with SEBI Circular No. CIR/CFD/POLICYCELL/3/2015 dated August 05, 2015 and SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 07, 2019 are attached as Annexure Ia nd Annexure II. Thanking You, On Behalf of f Promoters Dinesh Pareekh Promoter Race Eco Chain Limited Encl: as above Annexure I eDi ns cc Hl mo bsu rr ae n eb ey , t ih ne t ePr ro mm so ot fe r R( es g) u lt ao t it oh ne 3S 1t (o 1c ) k aE nx dc h 3a 1n 4g oes f SEan Bd I t (o Su t bh se t aT na tr ig ae lt AcC quo im sp ia tin oy n f oo fr S he an rc eu sm ab nr da n Tc ae k eo of v es rh sa )r e Rs e/ g ui ln av te ic oa nt si ,o 2n 0 1o 1f encumbraneerelease of Name of the Target Comnpany (TC) aN ra em le is st eo df the Stock Exchange where the shares of the target company BR Sa Ec e L iE mc io t eC dh a &in N L Si Em i Lt ie md i ted Date of reporting 01t October, 2026 N bea em ne c ro ef a tt eh de / p rr eo lm eo at se edr / i e Ar v eP kA eE d on whose shares encumbrance has Dinesh Pareekh, Sangeeta Pareekh, BLP Equity Research Pvt Ltd Details of the creation of encumbrance: tN ha em e of hP or lo dm io nt ge r in the P hor lo dm io nt ge r Details of events pertaining to encumbrance (3) Post event promoter target company already holding of (s) or PACs (1) encumbered encumbered with (2) shares him() {creation [(2)+(3)1frelea se {2) (3/invecatien Number % of Number % of Type of Date of Type of Reason for Number % of Name of the Number % of t so ht aa rl e sto ht aa rl e e (v ce ren at t ion c rr ee la et ai so en /f E en (c pu lm eb dgr ea /n c e e*n *c umbranc st hot aa rl wen ht oi sty favoi rn st ho ata rl capital capital release/ invocation lien/ non capital shares capital invocati of disposal encumbere on) encumbra undertaking d*** nce / others) D Pi an re es eh k h 7.00.000 4.06% Nil Nil Creation 08/09/2026 Pledge Personal 7,00,00 4.06 Share India 7,00,00 4.06 Purpose % Securities % Limited Sangeeta 43,20,00 25.039% Nil Nil Creation 08/09/2026 Pledge Personal 43,20,0o 25.0 Share India 43.20,00 25.0 Pareekh Purpose 3% Securities 3% Limited BLP Equity 27,10,10 15.70% Nil Ni Creation 08/092026 Personal 27,10,10 15.7 Share India 27,10,10 15.7 Research Pvt Ltd Purpose 0% Securities 0% Limited On Behalf of AllP romoters Dinesh Pareekh Promoter Race Eco Chain Limited Place:Noida Date: 01/10/2026 (") The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not. (**) For example, for the purpose of collateral for loans taken by the Company, personal borrowings, third party pledge etc. (***)T his would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender. Annexure I| Disclosure of reasons for encumbrance Name of listed Company Race Eco Chain Limited Name of the recognised stock exchanges where the BSE Limited and NSE shares of the company are listed Name of the Promoter(s)/ PACS whose shares have Mr. Dinesh Pareekh along with Mrs. Sangeeta been encumbered Pareekh and BLP Equity Research Private Limited Total Promoter shareholding in the listed Company 44.79%* Mr. Dinesh Pareekh holds 7,00,000 equity shares representing 4.06% of total share capital of the Company. Mrs. Sangeeta Pareekh holds 43,20,000 equity shares representing 25.03% of total share capital of the Company. BLP Equity Research Private Limited holds 27,10,100 equity shares representing 15.70% of total share capital of the Company. Encumbered shares as a % of Promoter 100% of the total Promoter shareholding has been shareholding encumbered which represents 44.79% of total share capital of the Company. Whether encumbered share is 50% or more of Yes promoter shareholding* 100% of the total Promoter shareholding has been encumbered. Whether encumbered share is 20% or more of total Yes share capital 44.79% of the total share capital of the Company has been encumbered. * The shareholding of Promoter Group along with the Promoters is considered in Promoter Shareholding. Details of all existing events/ agreements pertaining to encumbrance Encumbrance Type of encumbrance (pledge, lien, negative lien, non- disposal Pledge undertaking etc. or any other covenant, transaction, condition or arrangement in the nature of encumbrance) No. and % of shares encumbered No. of shares & % of total share capital encumbered: Mr. Dinesh Pareekh holds 7,00,000 equity shares representing 4.06% of total share capital of the Company. Mrs. Sangeeta Pareekh holds 43,20,000 equity shares representing 25.03% of total share capitalgf the Company. BLP Equity Research Private Limited holds 27,10,100 equity shares representing 15.70% of total share capital of the Company. Specific details about the Name of the entity in whose favour Share India Securities Limited encumbrance shares encumbered (X) Whether the entity X is a scheduled No commercial bank, public financial institution, NBFC or housing finance company? If No, provide the nature of the business of the entity. Names of all other entities in the agreement Whether the encumbrance is relating No to any debt instruments viz. debenture, commercial paper, certificate of deposit etc.? If yes, provide details about the instrument, including credit rating Security Cover/ Asset Value of shares on the date of event/ Rs. 75,36,84,750 Cover agreement (A) (77,30,100*Rs. 97.50) Amount involved (against which shares Rs. 59,16,42,528.75 have been encumbered) (B) (Rs. 75,36,84,750* 78.50%) Ratio of A/ B 1:0.785 End use of money Borrowed amount to be utilized for what purpose - (a) Personal use by promoters and PACs Yes (b) For the benefit of listed company No Provide details including amount, purpose of raising money by listed Company, schedule for utilization of amount, repayment schedule etc. (c) Any other reason (please specify) Not Applicable On Behalf of All Promoters Dinesh Pareekh Promoter Race Eco Chain Limited Place: Noida Date: 01/10/2026