Rashtriya Chemicals and Fertilizers Limited has informed the Exchange regarding Appointment of 1) M/s Raju as Other of the company w.e.f. September 24, 2025.
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Rashtriya Chemicals and Fertilizers Limited (RCF) informed the exchanges that its Board of Directors, at a meeting held on September 24, 2025, approved the appointment of two chartered accountancy firms as Statutory Auditors for the financial year 2025-26. The appointed firms are M/s Raju & Prasad and M/s K. Gopal Rao & Co. Both firms were appointed by the Comptroller and Auditor General of India (C&AG) under Section 139 of the Companies Act, 2013. RCF is a Government of India undertaking, and statutory auditor appointment by the CAG is the standard procedure for central public sector enterprises. The board meeting ran from 12:00 noon to 3:00 PM.
This is a routine regulatory compliance matter for a government PSU, with no material impact on shareholders or the stock price. Auditor appointments by the CAG are procedural and do not signal any governance concerns.