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Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals.
RCF faces fines totaling Rs 0.16 Cr from NSE and BSE for non-compliance with certain listing regulations. The company is actively seeking a waiver for these financial penalties.
RCF's Board approved financial results for the latest quarter and financial year. Investors get a final dividend of Rs. 1.34 per share. Plus, secured debentures were redeemed, and new Cost Auditors appointed for FY2026-27.
RCF received an Income Tax demand notice for Rs 4.36 Cr related to disallowances. The company has filed appeals and rectification applications, believing these demands are erroneous. It anticipates no future financial outflows from this notice.
RCF announced changes in senior management. An executive was promoted to Executive Director (Finance), strengthening leadership. Another executive was appointed General Manager (Talcher), bringing extensive industry experience.
RCF promoted four senior executives, including Vivek Srivastava to ED (Talcher) and Nanda Kulkarni to ED (HRD). Srivastava's role links to the key Talcher coal gasification project, reinforcing strategic operational leadership.