Outcome of Board Meeting with regard to appointment of M/s. Diwanij &Co, Cost Accountant ,as Cost Auditor of the Company
RCF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rashtriya Chemicals and Fertilizers Ltd held its Board meeting on May 21, 2026, where it approved the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026, with an unmodified opinion from auditors. The Board recommended a final dividend of Rs. 1.34 per equity share (13.40%) for FY 2025-26, subject to shareholder approval at the ensuing AGM, to be paid within 30 days of declaration. Additionally, the Board approved the appointment of M/s Diwanji & Co., Cost Accountants (FRN: 000339) as Cost Auditors for FY 2026-27. Diwanji & Co. is a partnership firm established in 1966 with 7 partners and over 30 professionals, specializing in cost audits for the fertilizer and chemical sectors.
Appointment of a new Cost Auditor is routine compliance and has no direct impact on stock price. The dividend recommendation signals stable financials for FY 2026.