Rashtriya Chemicals and Fertilizers Limited has informed the Exchange regarding ''.
RCF · price
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RCF's board met on August 12, 2025, and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), along with the limited review report from statutory auditors M/s Parakh & Co. The board cleared a proposal to raise up to Rs. 1,100 crore through secured or unsecured non-convertible debentures via private placement, in one or more tranches, over the next twelve months, subject to shareholder approval at the upcoming AGM. The board also approved appointing M/s Bhandari & Associates, Practicing Company Secretaries, as the Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, again subject to shareholder approval. Additionally, the company filed routine SEBI compliance documents including the security cover report and a statement confirming no deviation in the use of proceeds from its existing listed debentures.
The Rs. 1,100 crore NCD proposal signals meaningful debt-raising or refinancing plans over the next year, which could increase leverage but avoids equity dilution. The new debt is subject to shareholder approval at the AGM, and Q1 results will give investors a clearer picture of earnings performance and the actual need for fresh borrowing.