Rashtriya Chemicals and Fertilizers Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 1.34 per equity share.
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Rashtriya Chemicals and Fertilizers Limited (RCF) held its Board meeting on May 21, 2026, where the Directors approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The Board recommended a final dividend of Rs. 1.34 per equity share of Rs. 10 each, representing a 13.40% return on paid-up equity share capital. This dividend is subject to shareholder approval at the ensuing Annual General Meeting and will be paid within 30 days of declaration at the AGM. Additionally, the Board appointed M/s. Diwanji & Co., Cost Accountants as Cost Auditors for FY 2026-27. The Auditors provided an unmodified opinion on the financial results, indicating clean books. Related party transaction disclosures and statements on debt security usage were also filed.
The recommendation of a 13.40% dividend signals stable cash generation and shareholder-friendly governance, which is typically positive for investor sentiment. However, the actual impact on the stock price will depend on market conditions and the upcoming AGM outcome.