Rashtriya Chemicals and Fertilizers Limited (RCF) has issued a clarification regarding a delayed filing concerning a demand notice from the Income Tax Department received on March 20, 2026. The delay, which occurred on March 21, 2026, was attributed to unavoidable circumstances where the responsible officer was travelling, and the initial e-mail communication was inaccessible. RCF confirmed that the disclosure was made promptly once the official accessed the communication.
Clarification on Delayed Corporate Disclosure
Rashtriya Chemicals and Fertilizers Limited (RCF) has provided supplementary details concerning a corporate announcement related to an Income Tax demand notice. The company addressed the delay in submitting the mandatory disclosure under Regulation 30 following the receipt of the demand notice from the Income Tax Department on March 20, 2026.
Reasons for Unavoidable Delay
The filing submission, which took place on March 21, 2026, experienced a delay due to circumstances deemed unavoidable. The key responsible officer for the disclosure received the crucial e-mail communication on his personal e-mail account while he was travelling. During this time, his work e-mail access was restricted. Furthermore, March 19, 2026, was a declared holiday.
Prompt Action Taken
Upon regaining access to the e-mail at approximately 11:00 AM on March 20, 2026, the Company confirmed that the necessary disclosure was promptly executed. RCF affirmed that it had no intention of withholding any material information from investors. The management reiterated its commitment to ensuring adequate systems are in place to guarantee timely compliance with all applicable regulatory requirements moving forward.
Source: BSE
