RCFL to soon hold meeting for raising funds worth Rs 400 crore
The amount will be aggregated to a total issue size of Rs. 400 crore with a base issue size of Rs. 300 crore with an option to retain oversubscription of Rs. 100 crore.
State-owned Rashtriya Chemicals and Fertilizers Ltd. (RCFL) has announced that the meeting of the Debenture Allotment Committee of the Company is scheduled to be held on Thursday, September 25, 2025, inter alia, to consider and approve the issuance of Unsecured, Redeemable, Non-Cumulative, Taxable, Non-Convertible Bonds in the nature of Non-Convertible Debentures (NCDs) to be issued on a private placement basis.
The amount will be aggregated to a total issue size of Rs. 400 crore with a base issue size of Rs. 300 crore with an option to retain oversubscription of Rs. 100 crore.
Shares of RCFL closed at Rs 154.78, down by 0.80% at BSE. However, the stock has surged by 0.93% in the last five trading sessions.
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