Rashtriya Chemicals and Fertilizers (RCF) has redeemed Commercial Paper amounting Rs 200 crore on October 18, 2016 which was issued on September 21, 2016.
The company had earlier received an approval for issue of Secured Non Convertible Debentures (NCDs) amounting Rs 1,000 crore on private placement subject to the approval by the members at the general meeting. The board of directors at its meeting held on August 29, 2016 had approved for the same.
RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Govt. of India. RCF manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals. Govt. of India has accorded 'Mini Ratna' Status to RCF.
Company Name | CMP |
---|---|
Coromandel Interntl. | 1180.35 |
National Fertilizers | 96.10 |
Chambal Fert & Chem | 395.00 |
RCF | 141.00 |
Paradeep Phosphates | 65.58 |
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