Rashtriya Chemicals and Fertilizers Limited — Others, 25-06-2025: Action(s) initiated or orders passed

Rashtriya Chemicals and Fertilizers Limited has announced that the Department of Fertilizers rejected its request to recognize EPMC/Spot gas used for Trombay Urea production in 2021-22 and 2022-23. This decision may lead to an adverse financial impact of approximately ₹204.14 Cr. The company is pursuing reconsideration, arguing that the non-recognition conflicts with the gas pooling mechanism. This matter is significant as it affects cost recovery related to raw materials essential for urea manufacturing, potentially impacting profitability.