Rashtriya Chemicals and Fertilizers Limited has informed the Exchange regarding Outcome of Board Meeting held on February 13, 2026.
RCF · price
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Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India undertaking, has appointed Shri. Shivakumar Subramaniam (DIN: 10784187) as the new Chairman & Managing Director (CMD) effective February 13, 2026. His term runs until July 31, 2030 (his superannuation date) or until further government orders, whichever is earlier, based on a Department of Fertilizers order. Shri Subramaniam is a long-serving RCF insider, having joined the company in 1998, with over 27 years of experience across finance, treasury, taxation, fertilizer policy, and project financing. The appointment of Ms. Nazhat J. Shaikh as CMD on additional charge, which had been in effect since late 2025, has ceased from the same date.
This is a routine top-level leadership transition at a government-owned fertilizer PSU, with an internal candidate (long-tenured RCF employee) taking over the CMD role. Shareholders should see continuity in strategy rather than a disruptive change. Minimal immediate impact on the stock is expected, though stability in subsidy policy and Ministry coordination is likely to continue smoothly.