VERIFIEDMint Markets·8 Jul 2026neutral

RCF FPO: PSU stock Rashtriya Chemicals and Fertilizers declares ₹1500 crore fundraise. Details here

AI Summary

·Rashtriya Chemicals and Fertilizers Ltd. (RCF) plans to raise up to ₹1,500 crore via a Further Public Offering.
·The fundraise is subject to regulatory approvals.
·RCF's board has approved amendments to its Memorandum of Association for entering new sectors like renewable energy, water management, and agrochemicals.