Rashtriya Chemicals and Fertilizers Limited has informed the Exchange regarding 'Outcome of Debenture Allotment Committee held on September 25,2025'.
RCF · price
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Rashtriya Chemicals and Fertilizers (RCF) has allotted 39,500 unsecured, listed, rated, non-convertible debentures (NCDs) on a private placement basis. The total issue size is Rs. 395 crore, with each NCD having a face value of Rs. 1 lakh and issued at par. The bonds carry a coupon rate of 7.60% per annum, paid annually, with a tenure of 3 years and 10 months, maturing on July 25, 2029. The proceeds will be used for augmenting long-term working capital and capital expenditure, including recoupment of capital expenditure already incurred. Investors include HDFC Bank, Jammu & Kashmir Bank, UCO Bank, Reliance General Insurance, PNB Gilts, Nuvama Wealth Finance, and A.K. Capital Services.
The company has raised Rs. 395 crore through debt at a competitive 7.60% coupon, strengthening its long-term working capital and funding capex needs without equity dilution. For shareholders, this is a routine debt-raising event with no immediate material impact on stock price, though it adds to RCF's overall debt obligations maturing in 2029.