The Debenture Allotment Committee of Rashtriya Chemicals and Fertilizers Limited approved the allotment of 39,500 Listed, Rated, Unsecured, Redeemable, Non-Cumulative, Taxable, Non-Convertible Debentures (NCDs), each with a face value of ₹1,00,000, aggregating to ₹395 crore. These debentures carry an interest rate of 7.60% and were allotted on a private placement basis. The meeting concluded on September 25, 2025.
Debenture Allotment Approval
Rashtriya Chemicals and Fertilizers Limited announced that its Debenture Allotment Committee, in a meeting held on September 25, 2025, approved the allotment of debentures. The announcement was made on the same day.
Details of the Allotment
The committee approved and allotted 39,500 debentures. These are 7.60% Listed, Rated, Unsecured, Redeemable, Non-Cumulative, Taxable, Non-Convertible Bonds. Each debenture has a face value of ₹1,00,000, bringing the total allotment to ₹395 crore (Rupees 395 crore).
Key Features of the Debentures
The debentures were issued through private placement. Key details include:
- Issuer: Rashtriya Chemicals and Fertilizers Limited
- Series Name: RCF Series II-2025
- Date of Allotment: September 25, 2025
- Face Value per NCD: ₹1,00,000
- Issue Price per NCD: ₹1,00,000
- Listing: To be listed on the WDM segment of BSE & NSE
- ISIN: INE027A08044
- Tenure: 3 years and 10 months
- Interest Rate: 7.60% p.a.
- Interest Payment: Annually
- Redemption Date: Wednesday, July 25, 2029
- Security: Unsecured
- Use of Proceeds: Augmentation of long-term working capital and capital expenditure.
Debenture Holders
The investors allotted debentures are:
- A. K. Capital services Limited: 5000
- HDFC bank Limited: 2500
- Nuvama wealth finance Limited: 3000
- Pnb Gilts Limited: 4000
- Reliance general insurance company Limited: 5000
- The Jammu and Kashmir Bank Limited: 10000
- UCO bank: 7500
Source: BSE
