Rashtriya Chemicals and Fertilizers (RCF) has raised Rs 300 crore through the allotment of 3,000 6.59% Listed, Unsecured, Rated, Redeemable, Taxable, Non-Convertible Bonds in the nature of Debentures (NCDs) of face value of Rs 10 lakh each on private placement basis. The Debenture Allotment Committee of the company in its meeting held on January 31, 2022 has approved and allotted 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 Government of India. The company manufactures Urea, Complex Fertilizers, Biofertilizers, Micronutrients, 100 percent water soluble fertilizers, soil conditioners and a wide range of Industrial Chemicals.
