Rashtriya Chemicals and Fertilizers Limited (RCF) — Board Meeting

Rashtriya Chemicals and Fertilizers Limited (RCF) announced the outcome of its May 21, 2026 board meeting, approving audited financial results for the quarter and year ended March 31, 2026, recommending a final dividend of ₹1.34 per share (13.40% on paid-up capital), and appointing Mis. Diwanji & Co. as cost auditors for FY 2026-27. The auditor highlighted gas pooling disputes involving ₹123.57 crore and pending subsidy claims of ~₹217.50 crore, while confirming no material uncertainty about going concern. RCF also resolved an insolvency matter related to its joint venture FRBL, extinguishing ₹37.87 crore in unsecured creditor claims and allotting a 2.5% equity stake, leading to de-consolidation. The company disclosed key financials including total income of ₹5,648.83 crore, profit after tax of ₹186.72 crore, and total comprehensive income of ₹249.81 crore, alongside debt ratios of 0.38:1 and zero defaults as of March 31, 2026.

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