Rashtriya Chemicals and Fertilizers Limited — Credit Ratings, 25-04-2026: Credit Rating- Others

Rashtriya Chemicals & Fertilizers (RCF) had its Non-Convertible Debentures (NCDs) ratings reaffirmed by two agencies. ICRA Limited maintained its 'ICRA AA (Stable)' rating for ₹1,200 Cr NCDs. Separately, India Ratings & Research (Ind-Ra) also affirmed 'IND AA/Stable' for ₹1,200 Cr NCDs. These stable outlooks reflect RCF's strong market position, operational efficiency, and crucial government support.