Rashtriya Chemicals and Fertilizers Limited has informed the Exchange about Action(s) initiated or orders passed
RCF · price
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Rashtriya Chemicals and Fertilizers (RCF) received notices from both NSE and BSE dated August 29, 2025, for not complying with several SEBI Listing Obligations and Disclosure Requirements Regulations during the quarter ended June 30, 2025. The specific non-compliances relate to regulations governing the composition of the board (Reg 17), audit committee (Reg 18), nomination and remuneration committee (Reg 19), stakeholder relationship committee (Reg 20), and risk management committee (Reg 21). Each exchange has imposed a fine of Rs. 10,13,620, taking the total to about Rs. 20.27 lakh. The company has stated it is in the process of filing an application seeking a waiver of these fines.
The financial impact is minor (around Rs. 20.27 lakh in total fines) and unlikely to materially affect operations or shareholder value. However, the non-compliance flags governance and board-committee composition issues that investors may want to monitor. The company is seeking a waiver, so the final outcome is yet to be decided.