Rashtriya Chemicals and Fertilizers extends tenure of Director Finance CFO

Rashtriya Chemicals and Fertilizers Limited (RCF) announced the re-appointment and extension of tenure for Ms. Nazhat J. Shaikh as Director (Finance) & Chief Financial Officer (CFO). Her tenure will now extend from December 1, 2026, until her superannuation on March 31, 2027. Additionally, the company has appointed M/s. J.Singh & Associates and M/s. Bandyopadhyaya Bhaumik & Co. as its internal auditors for a period of three years, commencing from the financial year 2026-27.

Key Leadership and Audit Appointments at RCF

Rashtriya Chemicals and Fertilizers Limited (RCF) has officially approved the re-appointment and extension of tenure for Ms. Nazhat J. Shaikh, who serves as the Director (Finance) and Chief Financial Officer (CFO) of the company. This decision, made during a Board of Directors meeting on November 12, 2026, will see Ms. Shaikh continue in her role effective December 1, 2026, until her scheduled superannuation date of March 31, 2027, or until further orders, whichever comes first.

Internal Audit Function Strengthened

In a move to bolster its internal audit processes, RCF has also appointed two firms as its internal auditors. M/s. J.Singh & Associates, Chartered Accountants, and M/s. Bandyopadhyaya Bhaumik & Co., Cost Accountants, have been engaged for a term of three years. This appointment will cover the financial years from 2026-27 to 2028-29. The company’s Board of Directors meeting, which commenced at 12:00 noon, concluded at 3:50 PM.

Background of Ms. Nazhat J. Shaikh

Ms. Nazhat J. Shaikh brings extensive experience to her role, holding a Bachelor’s degree in Commerce and being a qualified Chartered Accountant. She is also a certified SAP FI Consultant. Ms. Shaikh began her career at RCF in 1989 and has held various key responsibilities within the finance department, including leading IT initiatives during SAP ERP implementation. Prior to her current role, she served as Director (Finance) at the National Film Development Corporation (NFDC) and rejoined RCF in 2019 as Executive Director (Finance). She has accumulated over 30 years of experience in the fertilizer industry and has received accolades such as the ‘Best Woman Employee Award’ in 2014 and the ‘CFO100 Next Award’ in 2013.

Details of Internal Auditors

M/s. J.Singh & Associates is a Chartered Accountants firm established in 1978, with its head office in Mumbai and 22 branches across India, offering a range of professional services including audit, assurance, and forensic audit. M/s. Bandyopadhyaya Bhaumik & Co., founded in 1994, is a renowned Cost and Management Accounting firm specializing in services such as cost audit, internal audit, and management audit. Both firms have significant experience serving diverse industries and leading clients.

Source: BSE

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