RCFL to issues NCDs at the rate of 7.60% worth total Rs 395 crore

by- PSU Connect
25 Sept 2025

RCFL at its meeting held approved and allotted 39,500 listed, rated, unsecured, redeemable, non-cumulative, taxable, non-convertible bonds in the nature of debentures (NCDs) of face value of Rs. 100,000 (Rupees One Lakh only) each, aggregating to Rs. 395 crore on a private placement basis, according to the exchange filing.

RCFL to issues NCDs at the rate of 7.60% worth total Rs 395 crore

New Delhi: State-owned Rashtriya Chemicals and Fertilizers Ltd. (RCFL) has disclosed the outcome of the Debenture Allotment Committee meeting held on September 25, 2025.

The Debenture Allotment Committee of the Company at its meeting held today approved and allotted 39,500 listed, rated, unsecured, redeemable, non-cumulative, taxable, non-convertible bonds in the nature of debentures (NCDs) of face value of Rs. 100,000 (Rupees One Lakh only) each, aggregating to Rs. 395 crore on a private placement basis, according to the exchange filing. The debentures will be issued at the rate of 7.60% per annum.

The Non-Convertible Debentures (NCDs) allotted by the company to the eligible investor are subject to interest payment at 7.60% annually for a period of three years.

The objective is augmentation of long-term working capital of the company, capital expenditure including recoupment of capital expenditure already incurred. The redemption date is 25 July, 2029, Wednesday.

Shares of RCFL are trading down by 0.57% at Rs 149.77 at BSE.