Corporate Finance #rcf#fpo
State-Owned Fertiliser Firm RCF Plans to Raise ₹1,500 Crore via Follow-On Public Offer
State-owned fertiliser manufacturer Rashtriya Chemicals and Fertilizers Ltd (RCF) plans to raise up to ₹1,500 crore via a follow-on public offer (FPO) of equity shares. The board approved the fresh issue, subject to approval from shareholders, the Department of Fertilisers, and DIPAM. RCF operates two units in Maharashtra and produces a wide range of fertilisers and industrial chemicals.
Jul 8, 2026 1 source