Rashtriya Chemicals & Fertilizers Limited has announced a key senior management change with the promotion of Shri Ajit A Thatte to General Manager (Urea), Thal, effective March 1, 2026. The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Appointment Details

The promotion represents a significant development in the company's leadership structure at its Thal operations. The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited on March 2, 2026.

Professional Background

Shri Ajit A Thatte brings extensive experience and technical expertise to his new role. His educational qualifications include a B.E. Degree in Petro Chemical Engineering from M.I.T. Pune and an Advanced Diploma in Industrial Safety, providing him with strong technical foundations for managing urea operations.

Career Progression

Shri Thatte's career with Rashtriya Chemicals and Fertilizers Limited spans over three decades. He joined the company as a Management Trainee in 1991 at the Thal Unit and has accumulated more than 34 years of experience in the industry. His professional journey within the organization has included significant exposure to critical operational areas.

Operational Expertise

Throughout his tenure, Shri Thatte has worked extensively in the Urea plant and Fire & Safety Department, gaining comprehensive knowledge of the company's core manufacturing processes and safety protocols. This operational experience positions him well to lead the Urea operations at the Thal facility.

Regulatory Compliance

The announcement was made in compliance with regulatory requirements, with the company informing both major stock exchanges about the senior management change. The disclosure ensures transparency and keeps stakeholders informed about important organizational developments that may impact the company's operations and governance structure.

Rashtriya Chemicals & Fertilizers Limited has announced a senior management change with the superannuation of one of its General Managers, effective March 1, 2026. The announcement was made in compliance with regulatory disclosure requirements under SEBI regulations.

Senior Management Transition Details

The company has formally notified stock exchanges about the superannuation of Shri Anupam Sonawane, who served as General Manager overseeing multiple critical departments. The transition represents a planned organizational change as part of the company's regular management succession process.

Regulatory Compliance Framework

The announcement was made under regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to disclose material events and changes in senior management positions to ensure transparency for investors and stakeholders.

The company communicated this development to both major stock exchanges where its securities are listed:

• BSE Limited: Script codes 524230, 975890, 976867, and 977150
• National Stock Exchange: Script code RCF EQ with ISIN codes INE027A08028, INE027A08036, and INE027A08044

Corporate Communication

The formal notification was signed by J. B. Sharma, Executive Director (Legal & Company Secretary), emphasizing the company's commitment to maintaining proper corporate governance standards. The disclosure ensures all stakeholders are informed about significant organizational changes that may impact the company's operations and management structure.

As a Government of India undertaking, Rashtriya Chemicals and Fertilizers Limited maintains strict adherence to regulatory compliance requirements, ensuring transparent communication with investors and regulatory authorities regarding all material developments in its organizational structure.