Rashtriya Chemicals and Fertilizers Schedules Board Meeting for Q1 Results and Debenture Issuance

1 min read     Updated on 04 Aug 2025, 06:26 PM
scanxBy ScanX News Team
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Overview

Rashtriya Chemicals & Fertilizers Limited (RCF) has scheduled a board meeting for August 12, 2025. The agenda includes reviewing unaudited Q1 financial results ending June 30, 2025, and considering the issuance of secured/unsecured non-convertible debentures via private placement. A trading window closure for designated persons is in effect until August 14, 2025, in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Rashtriya Chemicals & Fertilizers Limited (RCF), a Government of India Undertaking, has announced a crucial board meeting scheduled for August 12, 2025. The meeting agenda includes two significant items that are likely to interest investors and market watchers.

Q1 Financial Results Review

The board will convene to consider and approve the unaudited financial results for the first quarter ended June 30, 2025. This review of the company's performance in the initial quarter of the fiscal year is expected to provide insights into RCF's financial health and operational efficiency.

Potential Debenture Issuance

In addition to the financial results, the board will deliberate on the issuance of secured/unsecured non-convertible debentures on a private placement basis. This move could signal the company's strategy for raising capital, potentially for expansion, debt refinancing, or other corporate purposes.

Trading Window Closure

In compliance with regulatory requirements, RCF has implemented a trading window closure for designated persons and their immediate relatives. This restriction will remain in effect until August 14, 2025, two days after the scheduled board meeting. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading.

Regulatory Compliance

The company has duly informed the BSE Limited and the National Stock Exchange of India Limited about the upcoming board meeting, adhering to regulations 29, 33, and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors and stakeholders will be keenly awaiting the outcomes of this board meeting, particularly the Q1 financial results and any decisions regarding the potential debenture issuance. These developments could provide valuable insights into Rashtriya Chemicals & Fertilizers' financial position and future strategies in the chemicals and fertilizers sector.

Historical Stock Returns for Rashtriya Chemicals & Fertilizers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.60%-4.96%-6.16%-7.40%-28.61%+183.94%
Rashtriya Chemicals & Fertilizers
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Rashtriya Chemicals and Fertilizers Announces Major Leadership Reshuffle

2 min read     Updated on 01 Aug 2025, 03:56 PM
scanxBy ScanX News Team
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Overview

Rashtriya Chemicals & Fertilizers Ltd (RCF) has announced significant changes to its senior management team. Four key promotions include Shri Nitin Hirde as Executive Director (Thai), Mrs. Mrudula Godbole as General Manager (Finance), Shri Girish Temgire as General Manager (Corp. Cord & Tr. Projects), and Shri Anil R. Deo as General Manager (SAP, CAN/PAP). The company also announced the retirement of three senior executives: Shri Anil R. Deo from Executive Director (IPD/Commercial), Shri Atul B. Patil from Chief General Manager (HR), and Sanjeev S. Doshi from Chief General Manager (Marketing). These changes are set to take effect on August 1, 2025.

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*this image is generated using AI for illustrative purposes only.

Rashtriya Chemicals & Fertilizers Ltd (RCF), a prominent player in India's fertilizer industry, has unveiled a significant reorganization of its senior management team, effective August 1, 2025. The changes, which include several promotions and retirements, are set to reshape the company's leadership structure.

Key Promotions

RCF has announced four notable promotions within its ranks:

  1. Shri Nitin Hirde has been elevated to the position of Executive Director (Thai). With an impressive 35-year tenure at RCF, Hirde joined the company as a Management Trainee in 1990. His extensive experience includes working in the Ammonia Plant, Technical Services, Projects, and the Heavy Water Plant. In his new role, Hirde will lead RCF's Thai Unit.

  2. Mrs. Mrudula Godbole has been promoted to General Manager (Finance). A qualified Cost Accountant, Godbole began her journey with RCF in 1996 as an Accounts Officer Grade II. With over 25 years of experience in the fertilizer industry, she currently oversees crucial areas such as Treasury, GST, Corporate Accounts Consolidation, and Corporate Financial Strategy.

  3. Shri Girish Temgire has been appointed as General Manager (Corp. Cord & Tr. Projects). Temgire, who joined RCF in 1995, holds a Bachelor's degree in Engineering (Petroleum & Petrochemical) from Maharashtra Institute of Technology, Pune, and a Post Graduate Diploma in Financial Management from the University of Mumbai. He brings over 30 years of extensive experience in project planning and development to his new role.

  4. Shri Anil R. Deo has been promoted to General Manager (SAP, CAN/PAP). Deo, a BE (Production) graduate from Walchand Institute of Technology, Solapur, joined RCF as a Management Trainee in 1990. His diverse experience spans various departments, including Ammonia, Central Workshops, Maintenance Engineering Services, and multiple plant operations at both the Trombay and Thai units.

Superannuations

The company also announced the retirement of three senior executives:

  1. Shri Anil R. Deo will be retiring from his current position as Executive Director (IPD/Commercial).
  2. Shri Atul B. Patil is set to retire from his role as Chief General Manager (HR).
  3. Sanjeev S. Doshi will be stepping down from his position as Chief General Manager (Marketing).

These changes in RCF's senior management are expected to bring fresh perspectives and expertise to the company's leadership team. As a government-owned entity, RCF plays a crucial role in India's fertilizer sector, and these strategic appointments may influence the company's future direction and operations.

The announcement, made in compliance with SEBI regulations, underscores RCF's commitment to transparency and corporate governance. As the new leadership team takes charge, stakeholders will be keen to observe how these changes impact the company's performance and strategic initiatives in the coming years.

Historical Stock Returns for Rashtriya Chemicals & Fertilizers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.60%-4.96%-6.16%-7.40%-28.61%+183.94%
Rashtriya Chemicals & Fertilizers
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