RCFNSERashtriya Chemicals and Fertilizers Limited· FertilisersMediumNeutral
Announced Fri, 13 Feb · 18:02 IST

Rashtriya Chemicals and Fertilizers Limited has informed the Exchange about General Updates

Management Changes View source PDF

RCF · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RCF has appointed Shri. Shivakumar Subramaniam (DIN: 10784187) as the new Chairman & Managing Director with effect from February 13, 2026, until his superannuation on July 31, 2030 or further government orders. He holds a B.Com and MBA in Finance and has been with RCF since 1998, with over 27 years of experience across treasury, taxation, corporate accounts, fertilizer policy, and project financing. The appointment was made by the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India. Ms. Nazhat J. Shaikh, who was holding additional charge as CMD since November 2025, stands relieved of that additional charge from the same date.

Likely market impact

This is a routine leadership transition at a government-owned PSU. Since the new CMD is a long-serving internal appointee, shareholders can expect continuity in strategy and operations. No material impact on the stock is expected from this change.