Rashtriya Chemicals and Fertilizers: Board Approves Q1 FY27 Results and ₹1100 Crore Fundraising

Rashtriya Chemicals and Fertilizers Limited’s Board of Directors has approved the un-audited financial results for the quarter ended June 30, 2026. Additionally, the board has sanctioned a proposal for the issue of Secured/Unsecured, Non-Convertible Debentures aggregating up to ₹1100 crore over the next twelve months, subject to shareholder approval.

Board Meeting Outcome

Rashtriya Chemicals and Fertilizers Limited (RCF) announced that its Board of Directors, in a meeting held on August 13, 2026, considered and approved the company’s un-audited financial results for the quarter ended June 30, 2026. The approval covers both standalone and consolidated financial statements, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Disclosures

The company has enclosed the Integrated Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026, along with the Limited Review Report. A statement indicating no deviation or variation in the use of proceeds from listed, non-convertible, secured/unsecured debentures for the same quarter has also been provided. Furthermore, RCF confirmed that as per Regulation 54(3) of SEBI LODR, the report on security cover is not applicable since secured debentures were redeemed on maturity on August 5, 2025. A format for disclosing outstanding defaults on loans and debt securities, as per SEBI circular dated December 31, 2024, is also included.

Fundraising Approval

In a significant move, the Board of Directors has granted approval for the issuance of Secured/Unsecured, Non-Convertible Debentures. These debentures are proposed to be issued in one or more series/tranches, aggregating up to ₹1100 crore. This fundraising initiative is planned for the period of the next twelve months through a private placement basis. The issuance is subject to the necessary approval from the company’s shareholders at the upcoming Annual General Meeting (AGM).

Meeting Details

The Board of Directors meeting commenced at 12:15 p.m. and concluded at 3:30 p.m. on August 13, 2026.

Source: BSE

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