National News

RCF pays dividend of Rs 168 crore to the govt

Rashtriya Chemicals and Fertilizers (RCF) Ltd has paid a dividend of Rs 117.51 crore to the government for FY 2019-20 and an interim dividend of Rs 49.65 crore for FY 2020-21

PSU Watch Bureau

New Delhi: Rashtriya Chemicals and Fertilizers (RCF) Ltd has paid the highest ever dividend of Rs 117.51 crore for the financial year 2019-20 and an interim dividend of Rs 49.65 crore for the financial year 2020-21 to the government. RCF's Chairman & Managing Director (CMD) SC Mudgerikar handed over cheques to Union Minister for Chemicals & Fertilizers DV Sadanand Gowda in presence of Secretary (Fertilizers) RK Chaturvedi, Joint Secretary (Department of Fertilizers) Aparna Sharma and RCF's Director (Finance) Umesh Dongre.

Rashtriya Chemicals & Fertilizers (RCF) Limited

Rashtriya Chemicals & Fertilizers Limited (RCF) is a Miniratna PSU under the Ministry of Chemicals and Fertilizers. RCF is the fourth-largest producer of fertilizers in India after Coromandel International, National Fertilizer Limited, Chambal and Gujarat State Fertilizers and Chemicals (GSFC). It has two manufacturing units, one at Trombay, in Mumbai– which has completed 50 excellent years in the fertilizers and chemicals domain – and the other at Thal in the Raigad district of Maharashtra.

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