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Geoeco Green Energy

AnnouncedIN
What it does

Trades fuel briquettes made from agricultural waste for use in industrial boilers in India.

Biomass fuelEnergy

Race Eco Chain's biomass division (trading of briquettes made from agricultural waste), about 4.1% of FY25 turnover.

Status
Announced
Expected
Awaiting approvals
Parent
Race Eco Chain (RACE IN)
Spin-off ticker
To be announced
Listing
NSE and BSE
Market
India
Sector
Energy

Terms

113 Geoeco Green Energy shares for every 100 Race Eco Chain shares, alongside a parallel demerger into Race Gateway; needs exchange, shareholder and NCLT approval; listing on NSE and BSE proposed.

Key dates

  1. Board approval
  2. Stock exchange NOC / NCLT

Source documents

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