Every Spin-Off
Race Gateway
AnnouncedINMakes and sells cloth bags, bed sheets and home furnishings in India under the Restore Bag business.
Race Eco Chain's Restore Bag division (cloth bags, bed sheets and home furnishings), about 1.9% 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
- Consumer discretionary
Terms
27 Race Gateway shares for every 25 Race Eco Chain shares, alongside a parallel demerger into Geoeco Green Energy; needs exchange, shareholder and NCLT approval; listing on NSE and BSE proposed.
Key dates
- Board approval
- Stock exchange NOC / NCLT
Source documents
- Press releaseBoard meeting outcome (12/15/25)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Sourcescanx.trade
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