Rashtriya Chemicals and Fertilizers (RCF) has received ‘Navratna Status’ from Department of Public Enterprise (DPE) on August 29, 2023. Navratnas are a set of public sector companies that possess financial autonomy to invest up to Rs 1000 crore without any approval from the central government. Earlier, the company had received ‘Miniratna Status’ from Department of Public Enterprise.
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.