Rashtriya Chemicals and Fertilizers Limited announced the outcome of its Board Meeting held on August 13, 2026. The Board considered and approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, the company received board approval for a proposed issue of Secured/Unsecured, Non-Convertible Debentures aggregating up to ₹1100 crore over the next twelve months, subject to shareholder approval.
Board Meeting Outcomes
Rashtriya Chemicals and Fertilizers Limited (RCFL) convened its Board Meeting on August 13, 2026, to review and approve key corporate actions. The meeting resulted in the approval of the company’s unaudited financial results, both standalone and consolidated, for the quarter that concluded on June 30, 2026. These results have been submitted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Highlights and Disclosures
Key disclosures accompanying the financial results include the Integrated Unaudited Financial Results, a Limited Review Report from M/s. Raju & Prasad, Chartered Accountants, and a statement detailing no deviation or variation in the use of proceeds from listed, non-convertible, secured/unsecured debentures. The company also noted that the report on security cover is not applicable as secured debentures were redeemed, and provided a format for disclosing outstanding defaults on loans and debt securities.
Future Fundraising Initiative
In a significant move for future expansion, the Board of Directors has accorded approval for the issuance of Secured/Unsecured, Non-Convertible Debentures. This fundraising initiative is planned for an aggregate amount of up to ₹1100 crore and is expected to be completed through private placement over the next twelve months. The proposal is contingent upon obtaining the necessary approval from the company’s shareholders at the upcoming Annual General Meeting (AGM).
Meeting Details
The Board Meeting commenced at 12:15 p.m. and concluded at 3:30 p.m. on August 13, 2026.
Source: BSE
