RCF Allots ₹395 Crore Debentures at 7.60% Interest

About this update from Rashtriya Chemicals & Fertilizers Ltd.

Rashtriya Chemicals and Fertilizers Limited (RCF) announced the allotment of debentures worth ₹395 crore following a meeting of the Debenture Allotment Committee held on September 25, 2025. The committee approved the allotment of 39,500 listed, rated, unsecured, redeemable, non-cumulative, taxable, non-convertible bonds in the nature of debentures (NCDs), each with a face value of ₹1,00,000.The debentures, part of Series II-2025, have a tenure of 3 years and 10 months with an interest rate of 7.60% per annum. The interest will be paid annually, and the redemption date is set for Wednesday, July 25, 2029.The funds raised through these debentures will be utilized for augmenting the long-term working capital of the company and for capital expenditure, including the recoupment of capital expenditure already incurred.The non-convertible debentures (NCDs) allotted by the company to the eligible investor are subject to interest payment @ 7.60% annually for a period of three years.Debenture Allotment DetailsName of InvestorNo. of Securities AllottedA. K. Capital services Limited5000HDFC bank Limited2500Nuvama wealth finance Limited3000Pnb Gilts Limited4000Reliance general insurance company Limited5000The Jammu and Kashmir Bank Limited10000UCO bank7500Total39,500The debentures are proposed to be listed on the WDM segment of BSE & NSE. The ISIN for the debentures is INE027A08044.The meeting commenced at 10:00 am and concluded at 10:45 am.

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