Date: August 26, 2026
Regulatory Action & Compliance Disclosure
Nature of Action
Rashtriya Chemicals and Fertilizers Limited (RCF) has received notices from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) dated August 25, 2026. The notices pertain to non-compliance with specific provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended June 30, 2026.
Details of Violations
The identified non-compliances are with the following regulations:
- Regulation 17(1)
- Regulation 18(1)
- Regulation 19(1)/19(2)
- Regulation 21(2)
Financial Penalty
Both stock exchanges have imposed a monetary penalty of ₹7,89,420 each for these regulatory breaches, resulting in a total financial implication of ₹15,78,840 for the company.
Company Response
The company has disclosed that it is in the process of filing an application for waiver of the fines levied by both NSE and BSE.
Timeline of Receipt
The company received the communication from BSE on August 25, 2026, at 19:01 hours and from NSE on the same date at 21:54 hours.
Impact Assessment
The immediate financial impact is quantifiable at ₹15,78,840 (the total of both fines). The disclosure indicates no other operational or financial impacts beyond the monetary penalty at this stage.