Rashtriya Chemicals & Fertilizers Limited (RCF), a Government of India Undertaking, has received approval from the Department of Fertilizers for a strategic land transfer. The approval allows RCF to transfer 7,104 square meters of land to the Municipal Corporation of Greater Mumbai (MCGM) in exchange for Transferable Development Right (TDR) Certificates.

Key Details of the Land Transfer

Implications of the Approval

The approval extends beyond the mere transfer of land. RCF has also received permission for the sale and utilization of the TDR certificates it will receive in exchange for the land. This decision may open up potential avenues for RCF to monetize these rights or utilize them for future development projects.

Corporate Disclosure

In compliance with regulatory requirements, RCF promptly disclosed this development to the stock exchanges. The company filed an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with its shareholders and the wider market.

This land transfer represents a strategic move by RCF, potentially allowing the company to unlock value from its real estate assets while contributing to urban development in Mumbai.

Rashtriya Chemicals & Fertilizers Limited (RCF), a Government of India undertaking, is set to explore a significant bond issuance through private placement. The company has scheduled a Debenture Allotment Committee meeting for September 25, 2025, to consider this financial move.

Bond Issuance Details

The proposed bond issuance includes:

• Total Issue Size: Rs 400.00 crore
• Base Issue: Rs 300.00 crore
• Oversubscription Option: Rs 100.00 crore

The bonds under consideration are characterized as Unsecured, Redeemable, Non-Cumulative, Taxable, and Non-Convertible. They will be issued in the form of Non-Convertible Debentures (NCDs) through private placement.

Trading Window Closure

In line with regulatory compliance and the company's Insider Trading Code, RCF has implemented a trading window closure:

• Duration: September 18, 2025, to September 28, 2025
• Applicable to: All Designated Persons and their immediate relatives

This measure is aimed at preventing insider trading and ensuring fair market practices during this sensitive period.

Corporate Governance

The decision to consider this bond issuance demonstrates RCF's proactive approach to capital management and its commitment to exploring diverse funding options. The company's adherence to SEBI regulations, particularly the Listing Obligations and Disclosure Requirements, underscores its focus on transparency and corporate governance.

J. B. Sharma, Executive Director (Legal & Company Secretary) of Rashtriya Chemicals and Fertilizers Limited, has officially communicated this development to the stock exchanges, ensuring timely dissemination of information to all stakeholders.

Investors and market observers will be keenly watching the outcome of the September 25 meeting, as it could significantly impact RCF's financial structure and future growth strategies.