Topic
fpo
Finance 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.
Commodities Intellecap and Avio Smart Market Stack Sign MoU to Strengthen Farmer Producer Organisations in India
Intellecap Advisory Services and Avio Smart Market Stack have signed an MoU to strengthen Farmer Producer Organisations (FPOs) through technology-led interventions. The collaboration aims to enhance digital capabilities, improve financial inclusion, expand market access, and support export readiness across India's rural value chains using Avio's SMART platform.