Rashtriya Chemicals & Fertilizers Ltd Share Price – NSE /  BSE

Fertilizers, Small Cap

Rashtriya Chemicals & Fertilizers announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.

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Rashtriya Chemicals & Fertilizers announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.

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In an exchange filing, RCF said, “The board has considered and approved the issue of secured/unsecured, non-convertible debentures in one or more series/tranches, aggregating upto to Rs1,400 crore in the period of next twelve months through private placement basis subject to the approval of the shareholders at the ensuing annual general meeting.”

Rashtriya Chemicals & Fertilizers (RCF) is engaged in the manufacturing and marketing of fertilizers and industrial chemicals. As on 30 June 2024, the Government of India held 75% stake in the company.

The company’s consolidated net profit slipped 84.04% to Rs 10.80 crore in Q1 FY25 as compared with Rs 67.69 crore posted in same period last year. Revenue from operations grew by 8.73% year on year (YoY) to Rs 4,396.06 crore during the quarter ended June 2024.

Shares of Rashtriya Chemicals & Fertilizers slipped 1.83% to Rs 195.45 on the BSE.

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The Board of Rashtriya Chemicals & Fertilizers at its meeting held on 05 September 2024 has approved the issue of Secured/Unsecured, Non-Convertible Debentures in one or more series/tranches, aggregating upto to -Rs 1,400 crore in the period of next twelve months through private placement basis subject to the approval of the shareholders at the ensuing annual general meeting.

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