Company Disclosure

Key Appointments

1. Reappointment of Director (Finance) & CFO

  • Appointee: Ms. Nazhat J. Shaikh (DIN: 07348075)
  • Position: Director (Finance) & Chief Financial Officer (CFO)
  • Effective Date: December 1, 2026
  • Tenure: Until her superannuation date of March 31, 2027 or until further orders, whichever is earlier
  • Approval Authority: Board of Directors meeting held on November 12, 2026
  • Ministry Reference: Order no 78/1/2017-HR-I (e-28045) dated October 23, 2026 from Ministry of Chemicals and Fertilizers

2. Appointment of Internal Auditors

  • Chartered Accountants: M/s. J.Singh & Associates
  • Cost Accountants: M/s. Bandyopadhyaya Bhaumik & Co.
  • Term: 3 years from financial year 2026-27 to 2028-29
  • Appointment Date: November 12, 2026

Professional Background of Ms. Nazhat J. Shaikh

  • Education: Bachelor's degree in Commerce from Mumbai University and qualified Chartered Accountant
  • Certifications: Certified SAP FI Consultant
  • Career Start: Joined RCF in 1989 as Accounts Officer
  • Experience: Over 30 years in fertilizer industry with various finance responsibilities in Trombay, Fertilizer Marketing & Corporate divisions
  • Additional Roles: Previously held IT responsibilities during SAP ERP implementation/upgrade, member of Women's Cell and Complaints Committee for prevention of Sexual Harassment (served as Chairperson briefly), facilitator for Gender audit in RCF
  • Previous Assignment: Director (Finance) at National Film Development Corporation (NFDC) from November 24, 2015, where she also held additional charge as Managing Director briefly
  • Rejoined RCF: August 1, 2019 as Executive Director (Finance) responsible for entire finance, accounting, taxation, reporting, compliances, treasury function, and financial concurrence
  • Additional Charge: Held additional charge as Director (Finance) of Projects & Development India Limited (PDIL) from February 4, 2022 to February 8, 2024
  • Awards: Best Woman Employee Award in Executive Category (3rd place) by Forum of Woman in Public Sector (SCOPE) in February 2014, CFO100 Next Award 2013 by CFO institute

Internal Auditor Profiles

M/s. J.Singh & Associates (Chartered Accountants)

  • Services: Audit & Assurance, Forensic Audit, Agency for Specialized Monitoring, Special Investigation & Management Consultancy Services
  • Established: 1978
  • Head Office: Mumbai
  • Branches: 22 branches across India

M/s. Bandyopadhyaya Bhaumik & Co. (Cost Accountants)

  • Founded: 1994
  • Services: Cost Audit, Internal Audit, Management Audit, System Audit, Concurrent Audit, Risk Management, Verification of Movable Fixed Asset, Gap Analysis
  • Team Composition: Engineers, Valuers, Lawyers, Cost Accountants, and Chartered Accountants
  • Industry Experience: Oil & Gas, Chemicals & Fertilizers, Construction, Real Estate
  • Client Base: Navaratna and Maharatna PSUs, private sector giants including Reliance Industries

Meeting Details

  • Board meeting commenced at 12:00 noon and concluded at 3:00 PM on November 12, 2026

#Tags: #RCF #SEBIRegulation30 #ManagementAppointment #InternalAudit #Governance