<h1>Rashtriya Chemicals Approves Un-audited Financial Results for Q1 2026; Greenlights Rs 1100 Crore NCD Issuance</h1>
Mumbai: Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India undertaking, announced that its Board of Directors had reviewed and approved the un-audited financial results (Standalone and Consolidated) for the quarter ending June 30, 2026. The board meeting was held on August 13, 2026.
The company's integrated unaudited financial results were reviewed by Mis. Raju & Prasad, Chartered Accountants, Statutory Auditors of the Company.
In a strategic move regarding future financing, the Board of Directors also accorded approval for the issuance of Secured/Unsecured, Non-Convertible Debentures (NCDs) in one or more series or tranches. This facility is set to aggregate up to Rs 1100 crore over the next twelve months and will be executed through a private placement basis, subject to subsequent shareholder approval at the Annual General Meeting (AGM).
The Board meeting commenced at 12:15 p.m. and concluded at 4:30 p.m.
RCF also confirmed that there is no deviation or variation in the use of proceeds for the issue of listed, non-convertible, Secured/Unsecured Debentures for the quarter ended June 30, 2026. Furthermore, the company noted that the report concerning security cover was not applicable as secured debentures were redeemed on maturity on August 5, 2025.
RCF Stock Price Movement
Rashtriya Chemicals and Fertilizers Limited closed today at ₹124.47, edging higher after gaining 0.10%. The stock traded with a total volume of 603,624 shares, maintaining an intraday range between ₹124.00 and ₹126.19.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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