Rashtriya Chemicals and Fertilizers Limited has informed the Exchange about Action(s) initiated or orders passed

Regulatory & Legal View source PDF Explain this filing

RCF · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹158.10

prior close

₹156.95

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.0%-0.9% vs market

Fertilizers peers, median of 18sector-0.4%-0.5% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.5 pts less than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+0.1

15m

+0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.0-0.9-0.4-0.5

Next day

-0.1+0.5-0.6-0.4+0.3

+0.7+1.4-0.7+0.6+0.1

+0.5+1.5-1.0+0.1+0.4

-0.6+1.3-1.9-1.0+0.4

-1.0+1.4-2.4-1.0+0.0

-2.5+1.3-3.8-1.6-1.0

15d

-1.3+3.7-5.1-1.1-0.3

-5.3-0.8-4.5+4.3-9.6

-4.2-2.8-1.5+2.3-6.5

-9.2-2.9-6.3-4.7-4.5

UpDownMarket · Nifty Microcap 250Sector · Fertilizers peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rashtriya Chemicals and Fertilizers (RCF) has informed stock exchanges that the Department of Fertilizers (DoF) has declined its request to recognise the cost of EPMC gas and Spot gas used for producing Trombay Urea in financial years 2021-22 and 2022-23. This non-recognition is expected to result in an adverse financial impact of approximately ₹204.14 crore on the company. RCF has stated that it is once again taking up the matter with DoF for reconsideration, arguing that the rejection is not consistent with the principles of the gas pooling mechanism. The company has termed the move as contrary to established gas pooling norms and is pursuing the issue further with the government.

Likely market impact

This is a negative development for RCF shareholders, as a ~₹204 crore hit could materially affect the company's profitability for the relevant years if the decision is not reversed. The fact that RCF is actively contesting the decision offers some hope of relief, but until the matter is reconsidered, it remains a key overhang on the stock.