Rashtriya Chemicals and Fertilizers board to consider FPO on July 7

1 min read Updated on 01 Jul 2026, 05:25 PM

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Riya DScanX News Team

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Rashtriya Chemicals and Fertilizers Limited will hold a board meeting on July 7, 2026, to consider a Further Public Offer (FPO) of equity shares, subject to shareholder and government approvals. The trading window for designated persons remains closed effective June 25, 2026, in compliance with SEBI regulations.

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Rashtriya Chemicals and Fertilizers Limited has scheduled a board meeting on July 7, 2026, to consider and approve a proposal for raising funds by way of a Further Public Offer (FPO) of equity shares. The company aims to execute this offer in accordance with the applicable provisions of the Companies Act, 2013, and SEBI regulations. The decision to proceed with the FPO is subject to the receipt of necessary statutory and regulatory approvals, including consent from the shareholders and the Department of Fertilizers (DOF), Government of India, as well as the Department of Investment and Public Asset Management (DIPAM).

Pursuant to Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company intimated the stock exchanges regarding the upcoming board meeting. The filing confirms that the proposal is aligned with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.

In conjunction with the board meeting, the company has also announced the closure of the trading window for dealing in the securities of the company. This measure, effective as per the company's letter dated June 25, 2026, applies to designated persons and their immediate relatives in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Prevention of Insider Trading.

Key Meeting Details

Detail	Information
Meeting Date	July 7, 2026
Agenda	Consider FPO of equity shares
Approvals Required	Shareholders, DOF, DIPAM
Trading Window Status	Closed for designated persons

Historical Stock Returns for Rashtriya Chemicals & Fertilizers

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.59%	-1.84%	+2.53%	-9.45%	-17.22%	+57.56%

What is the estimated size of the Further Public Offer and how will the proceeds be utilized?

How will the dilution of equity shares impact existing shareholders' value in the short term?

What is the expected timeline for receiving the necessary statutory and regulatory approvals from DIPAM and DOF?

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RCF appoints Sanjeev Haralikar as Executive Director (Trombay)

1 min read Updated on 01 Jul 2026, 12:10 PM

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Riya DScanX News Team

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Rashtriya Chemicals and Fertilizers Limited announced the appointment of Shri Sanjeev Haralikar as Executive Director (Trombay) effective July 1, 2026, following the promotion of the internal candidate. Concurrently, Ms. Sunetra Kamble superannuated as Executive Director (Marketing & Commercial) on the same date. Haralikar is a B.E. in Chemical Engineering and a certified Energy Auditor.

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Rashtriya Chemicals and Fertilizers Limited has appointed Shri Sanjeev Haralikar as the Executive Director (Trombay) effective July 1, 2026. This leadership change coincides with the superannuation of Ms. Sunetra Kamble from her position as Executive Director (Marketing & Commercial) on the same date. The appointments were detailed in a regulatory filing submitted to the stock exchanges.

The company informed the exchanges regarding the change in senior management in accordance with Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification outlined the specific events and effective dates for the personnel changes.

Shri Sanjeev Haralikar brings technical expertise to his new role, holding a B.E. in Chemical Engineering from Padmabhushan Vasantdada Patil Institute of Technology, Sangli. He has also completed an Advanced Diploma in Computer Software & Systems Analysis and is a certified Energy Auditor of the Bureau of Energy Efficiency (BEE) under the Ministry of Power.

Management Changes

The following table details the movements in the senior management team as disclosed by the company:

Sr.No	Name of the Senior Management Personnel	Designation	Event	Effective Date
1.	Shri Sanjeev Haraliker	Executive Director (Trombay)	Promotion	July 1, 2026
2.	Ms. Sunetra Kamble	Executive Director (Marketing & Commercial)	Superannuation	July 1, 2026