Rashtriya Chemicals and Fertilizers Limited has informed the Exchange regarding 'appointment of M/s Bhandari & Associates, Practicing Company Secretaries as Secretarial Auditors for a period of 5 years from FY 2025-26 to 2029-30'.
RCF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board met on August 12, 2025 and approved the unaudited standalone and consolidated financial results for Q1FY26 (quarter ended June 30, 2025), accompanied by a limited review report from statutory auditors M/s Parakh & Co. The Board also cleared a plan to raise up to Rs. 1,100 crore through secured or unsecured non-convertible debentures on a private placement basis over the next twelve months, pending shareholder approval at the upcoming AGM. Additionally, M/s Bhandari & Associates, Practicing Company Secretaries, was appointed as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval. The filing also confirmed no deviation in the use of proceeds from existing listed NCDs and submitted the security cover report and outstanding-default disclosure as required under SEBI regulations.
The Rs. 1,100 crore debt raise plan indicates upcoming funding needs, likely for capital expenditure or refinancing, which could modestly impact leverage. Q1 results are routine quarterly reporting, while the new secretarial auditor is a standard compliance refresh and unlikely to move the stock.