RCFL Plans ₹1100 Cr NCD Issue

Rashtriya Chemicals and Fertilizers Ltd (RCFL) announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved a plan to raise up to ₹1100 crore through the issuance of secured/unsecured, non-convertible debentures (NCDs) in one or more tranches over the next twelve months via private placement. This fund-raising initiative is subject to shareholder approval at the upcoming Annual General Meeting. The company also confirmed no deviation in the use of proceeds from previous debt issuances and that the security cover report is not applicable as secured debentures were redeemed.