Date: July 29, 2026

Strategic Actions / Joint Venture

Rashtriya Chemicals and Fertilizers Limited (RCF) and GAIL (India) Limited (GAIL) have entered into a Memorandum of Understanding (MoU) on July 29, 2026 for establishing a gas-based fertilizer project jointly through a Special Purpose Vehicle (SPV).

The project involves:

  • Establishment of a urea production facility with planned capacity of 1.27 Million Metric Tonnes Per Annum (MMTPA)
  • Location: Vidarbha region of Maharashtra along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline (MNJPL)
  • Project structure: Joint development through an SPV

No material disclosures under the following sections:

  • KMP / Board / Auditor Changes
  • Dividend Declaration or Non-Declaration
  • Board Meeting Outcomes
  • Financial Results
  • Auditor's Report
  • Disinvestment / Strategic Actions
  • Media Release / Investor Communication