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Race Eco Chain promoters pledge entire stake

scanx.tradeRead the original5 Oct 2026

Race Eco Chain promoters pledge entire 44.79% stake for personal use. This complete pledging of promoter shares raises serious concerns over potential pledging misuse and financial stress. Such a high concentration of pledged shares increases default risk and could trigger market volatility. Investors should monitor for any downstream implications.
📊 STOCKS: $RACECRAFT | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #Pledge

#Pledge#Promoter#Risk
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