Rashtriya Chemicals & Fertilizers has scheduled its 48th Annual General Meeting (AGM) for Friday, September 25, 2026, at 3:00 pm. The meeting will be conducted via Video Conferencing or Other Audio Visual Means, with remote e-voting commencing on Monday, September 21, 2026.

The Board of Directors previously approved a recommended final dividend of ₹1.34 per equity share for FY26 during its meeting on May 21, 2026. This payout is subject to shareholder approval at the upcoming AGM. It is in addition to an interim dividend of ₹1 per share already paid in March 2026.

Dividend Payout Details

The total dividend payout for FY26 combines the interim and final components. The company will deduct tax at source (TDS) on the final dividend payment in accordance with the Income Tax Act, 1961, as amended by the Finance Act, 2020.

Tax Deduction at Source (TDS) Guidelines

The company has issued detailed communication regarding TDS rates applicable to different categories of shareholders for the tax year 2026-27. Failure to provide a valid Permanent Account Number (PAN) or link it with Aadhaar will result in TDS deduction at a higher rate of 20% under Section 397(2) of the Act.

Resident Shareholders

For resident individuals, no TDS is deducted if the aggregate dividend income during the tax year does not exceed ₹10,000 or if a valid Form 121 is submitted. For other resident shareholders not covered under specific exemptions, the standard TDS rate is 10% with a valid PAN.

Key exemptions include Mutual Funds registered with SEBI, the Government, Category I and II Alternative Investment Funds (AIF), National Pension System Trust, and Insurance companies registered under IRDAI, all of which attract Nil TDS.

Non-Resident Shareholders

Foreign Institutional Investors (FII) and Foreign Portfolio Investors (FPI) are subject to a TDS rate of 20%, plus applicable surcharge and cess. Other non-resident shareholders also face a 20% TDS rate unless they avail benefits under relevant Double Taxation Avoidance Agreements (DTAA). To claim lower DTAA rates, non-residents must submit valid PAN details, Tax Residency Certificates, and self-declarations in Form 41.

Category III AIFs located in International Financial Services Centres (IFSC) are subject to a 10% TDS rate.

Document Submission Deadline

Shareholders must submit necessary documents, including Form 121 for resident individuals or DTAA-related declarations for non-residents, via the Registrar and Transfer Agent’s portal by Friday, September 18, 2026. Incomplete or unsigned forms will not be considered. The company will use income tax department functionality to verify if PANs are operative; inoperative PANs due to non-linking with Aadhaar will trigger the higher 20% TDS rate.

Book Closure and E-Voting Schedule

The Register of Members and Share Transfer Books will remain closed from Saturday, September 19, 2026, to Friday, September 25, 2026 (both days inclusive). This closure is for ascertaining eligibility for the final dividend payment.

Remote e-voting will commence on Monday, September 21, 2026, at 9:00 am and end on Thursday, September 24, 2026, at 5:00 pm. Central Depository Services (India) Limited (CDSL) is facilitating the e-voting process. Physical attendance is dispensed with, and proxy appointments are not available for this virtual meeting.

Board Appointments and AGM Agenda

The upcoming AGM will also address key board appointments and corporate governance matters. Shareholders will vote on the appointment of Shri Shivakumar Subramaniam as Chairman & Managing Director until July 31, 2030, and Dr. Krishna Kant Pathak as Government Nominee Director. Additionally, Shri Rajnikant Bhulabhai Tandel will be appointed as Independent Director.

The meeting will seek approval for a Further Public Offering (FPO) of equity shares aggregating up to ₹1,500 crore and the issuance of Non-Convertible Debentures (NCDs) up to ₹1,100 crore. These funds are intended for capital expenditure, business expansion, and general corporate purposes. The company also seeks approval to amend its Memorandum of Association to diversify into renewable energy, water management, and agro-based products.

Rashtriya Chemicals & Fertilizers has published its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 2026. The standalone report outlines the company’s environmental, social, and governance performance across its fertilizer and chemical manufacturing operations.

Environmental Performance

The company reported a total energy consumption of 3,37,04,257 Giga Joules for FY26, up from 3,35,36,248 Giga Joules in the previous year. Non-renewable sources accounted for the vast majority of this intake, with fuel consumption standing at 2,90,12,121 Giga Joules. However, renewable electricity consumption rose to 59,709 Giga Joules, compared to 56,820 Giga Joules in FY25.

Greenhouse gas emissions saw a mixed trend. Scope 1 emissions decreased to 35,90,921 metric tonnes of CO2 equivalent from 37,54,391 metric tonnes in FY25. In contrast, Scope 2 emissions increased significantly to 1,23,599 metric tonnes from 73,592 metric tonnes. The combined emission intensity per rupee of turnover fell to 0.0000201000 from 0.0000226058.

Water and Waste Management

Water withdrawal totaled 2,34,40,752 kilolitres, with third-party supplies contributing 1,49,66,270 kilolitres. Notably, the company utilized 84,74,482 kilolitres of water produced in-house through its two Sewage Treatment Plants (STPs) at the Trombay unit. These plants treated municipal sewage, generating approximately 8,474 million litres of treated water during the year, which was used for industrial processes and supplied to partners like Bharat Petroleum Corporation Limited.

Total waste generated rose to 18,248.95 metric tonnes from 15,085 metric tonnes in FY25. This increase was primarily driven by other hazardous waste, which jumped to 4,760.99 metric tonnes from 1,469.01 metric tonnes. Despite the rise in generation, waste recovery through recycling increased sharply to 9,604.90 metric tonnes from 5,268 metric tonnes.

Social and Governance Metrics

The company employs 1,424 permanent employees and 4,050 workers. Women constitute 9.90% of permanent employees and 5.85% of workers. The Board of Directors includes 60% female representation. Employee turnover for permanent staff remained stable at 3.49%, while worker turnover stood at 2.99%.

Safety metrics showed a decline in the Lost Time Injury Frequency Rate (LTIFR) for employees to 0.45 per million person-hours worked, down from 0.91 in FY25. However, the LTIFR for workers increased to 1.11 from 0.28. There were 2 fatalities among workers in FY26, compared to 1 in the prior year.

What the Numbers Show

A key operational divergence is visible in the company’s carbon footprint profile. While direct operational emissions (Scope 1) declined by over 1.6 million metric tonnes, indirect emissions from purchased electricity (Scope 2) surged by nearly 50,000 metric tonnes. This suggests that while process efficiency improvements reduced direct fossil fuel combustion or chemical process emissions, the company’s reliance on grid power for non-renewable energy may have intensified, or the grid mix itself became more carbon-intensive during the reporting period.