RCF

March 7 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• RECEIVES TAX DEMAND ORDER FOR 98.2 MILLION RUPEES

Source text: ID:nNSEcfMWk9

Further company coverage: RSTC.NS

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Feb 12 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• DEC-QUARTER CONSOL PAT 802.3 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 45.18 BILLION RUPEES

Source text: [ID:]

Further company coverage: RSTC.NS

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Oct 9 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• APPROVED PLACEMENT OF PURCHASE ORDER ON LARSEN & TOUBRO

• ORDER FOR SETTING UP COMPLEX FERTILIZER PLANT

• DEAL FOR 10 BILLION RUPEES

Source text for Eikon: ID:nNSE6934Cl

Further company coverage: RSTC.NS

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Aug 28 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• RASHTRIYA CHEMICALS AND FERTILIZERS - TO CONSIDER ISSUE OF NON- CONVERTIBLE DEBENTURES

Source text for Eikon: ID:nBSE83kzrK

Further company coverage: RSTC.NS

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July 11 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• ACCORDED APPROVAL FOR PLACEMENT OF PURCHASE ORDER ON TOPSOE A/S

• ORDER VALUED AT 5.15 BILLION RUPEES

Source text for Eikon: ID:nNSE3WQwhP

Further company coverage: RSTC.NS

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** Shares of Indian fertiliser companies surge on media reports a committee nominated by the Goods and Services Tax (GST) council has suggested the removal of fertiliser from the GST ambit

** GST council will meet on June 22

** Removal of GST reduces cost of fertilisers, boosts sales

** Rashtriya Chemicals RSTC.NS, Fertiliser and Chemicals Travancore FCTL.NS, Chambal Fertilisers CHMB.NS, National Fertilizers NAFT.NS, Gujarat State Fertilizers GSFC.NS, Madras Fertilizers MDFT.NS and Zuari Industries ZURI.NS up between 7% and 2.5%

** ZURI top gainer among fertiliser stocks YTD, up ~68%, while Madras Fertilizers top drag, down ~9%

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

May 17 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• INDIA'S RASHTRIYA CHEMICALS AND FERTILIZERS DIVIDEND OF 1.24 RUPEESPER SHARE

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD MARCH-QUARTER CONSOL PAT 952.4 MILLION RUPEES VERSUS 1.6 BILLION RUPEES

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 38.8 BILLION RUPEES VERSUS 46.84 BILLION RUPEES

Source text for Eikon: ID:nNSE7PvPYK

Further company coverage: RSTC.NS

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** Shares of Rashtriya Chemicals and Fertilizers RSTC.NS fall 9.6% to 133.6 rupees, lowest since Dec. 4

** Stock eyes fifth consecutive session of decline

** Co's Q3 profit plunges Y/Y, rev from ops down 21%

** RSTC slipped below 50-day and 100-day simple moving averages earlier this week

** Stock down 24% this month.

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

Feb 13 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• RASHTRIYA CHEMICALS AND FERTILIZERS DEC-QUARTER CONSOL PAT 112.2 MILLION RUPEES VERSUS PROFIT 2.45 BILLION RUPEES

• RASHTRIYA CHEMICALS AND FERTILIZERS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 49.04 BILLION RUPEES VERSUS 62.35 BILLION RUPEES

Source text for Eikon: ID:nBSE9gW0wv

Further company coverage: RSTC.NS

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Jan 3 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• RECEIVED ENVIRONMENTAL CLEARANCE FROM MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

• RECEIVED ENVIRONMENTAL CLEARANCE FOR SETTING-UP NEW 1200 MTPD COMPLEX FERTILIZER PLANT

Source text for Eikon: ID:nBSE24YlvQ

Further company coverage: RSTC.NS

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** Shares of Madras Fertilizers MDFT.NS are up 4% at 359 rupees

** MDFT resumed operations of its plant in Chennai that was affected by cyclone Michaung

** MDFT shares up more than 30% in Dec; set for biggest monthly gain in 2023

** Fertliser makers have posted solid gains so far this month aided by govt plans to raise subisidies; Chambal FertilisersCHB.NS up ~12% and Rashtriya Chemicals and Fertilizers RSTC.NS up ~18% in Dec.

** MDFT is up ~35% YTD, it had risen ~170% in 2022

(Reporting by Nishit Navin in Bengaluru)

(([email protected];))

** Shares of state-owned fertiliser companies like Chambal Fertilisers and Chemicals CHMB.NS, National Fertilizers NAFT.NS, Fertilizers and Chemicals Travancore FCTL.NS and Rashtriya Chemicals and Fertilizers RSTC.NS climb between 6.5% and 12.5% on the day

** Indian government seeks parliament's approval to spend additional 133.51 billion rupees ($1.60 billion) for fertiliser subsidy for current fiscal year

** Additional fertiliser subsidies to raise the total subsidy for fiscal 2024 by 8% year-on-year to 1.88 trillion rupees

** Rise in subsidy will likely help fertiliser companies' volume growth, according to two analysts

($1 = 83.3206 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Oct 27 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• GOVERNMENT OF INDIA ANNOUNCED REVISED SUBSIDY RATES APPLICABLE FROM OCTOBER 1

• CO EXPECTS AN IMPACT ON UNSOLD INVENTORY

• ESTIMATED IMPACT IS AROUND 3.74 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: RSTC.NS

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By Nikunj Ohri and Sarita Chaganti Singh

NEW DELHI, Oct 17 (Reuters) - State-run firms, Coal India COAL.NS, GAIL India GAIL.NS, and Rashtriya Chemicals & Fertilizers (RCF), will invest 30.95 billion rupees ($371.90 million) in their fertiliser joint venture in Odisha, two government officials told Reuters.

GAIL and RCF will put in 17.3 billion rupees, while Coal India will invest 13.64 billion rupees in Talcher Fertilizers to maintain their current stakeholding, adjusted for an increase in project costs, said the sources, who are not authorised to speak to the media.

Each of the three firms holds a 31.85% stake in Talcher Fertilizers.

Coal India will need a federal cabinet nod for the infusion as the company has hit its investment ceiling, the sources said, adding that the cabinet is likely to take a call in the coming weeks.

Project cost at Talcher Fertilizers has increased, with the government trying to boost the facility's output to reduce India's dependency on imports for nitrogen-based urea fertilisers.

The infusion is aimed at reviving Talcher and turning it into a coal gasification-based urea fertiliser plant with an annual capacity of 1.27 million tons. India imported 22 million tons of fertilisers worth $15.3 billion last fiscal year.

"It was a collective decision of all promoters to infuse proportionate amount in equity, but Coal India requires approval to lift that 30% investment cap limit," an official said.

India's finance ministry, Coal India, and GAIL India did not reply to emails seeking comments. An email query sent to Talcher Fertilizers' managing director, and calls made to RCF's office went unanswered.

($1 = 83.2525 Indian rupees)

(Reporting by Nikunj Ohri and Sarita Chaganti Singh; editing by Eileen Soreng)

(([email protected]; +91 90284 60730; Reuters Messaging: twitter.com/nikunj_ohri))

** Shares of Rashtriya Chemicals and Fertilizers RSTC.NS rise as much as 5.54% to a seven-month high of 128.90 rupees

** Uptick after the government grants "Navratna" status to the fertilizer maker, making it the 15th company to get the designation

** "Navratna" companies are state-owned firms with enhanced financial autonomy, and are allowed to invest up to 10 bln rupees without seeking government approval

** Trading volume is 15.93 mln shares as of 12:08 p.m. IST, 3.5 times the 30-day avg - Refinitiv data

** Relative strength index rises above 70 on Tuesday, suggesting the stock may be overbought

** With day's gains, RSTC cuts YTD losses to 4.65%

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

Aug 17 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD - CO RECEIVED PRIOR ENVIRONMENTAL CLEARANCE FROM MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD - EC FOR PROPOSED PROJECT-INSTALLATION OF NEW NANO-UREA FERTILIZER PLANT

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD - EC FOR NEW PLANT AT RCF TROMBAY UNIT INDUSTRIAL AREA, CHEMBUR, SUBURBAN MUMBAI

Source text for Eikon: ID:nBSE9JStGZ

Further company coverage: RSTC.NS

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Aug 11 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• INDIA'S RASHTRIYA CHEMICALS AND FERTILIZERS JUNE-QUARTER CONSOL PAT 677.9 MILLION RUPEES VERSUS PROFIT 3 BILLION RUPEES

• RASHTRIYA CHEMICALS AND FERTILIZERS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 40.43 BILLION RUPEES VERSUS 49.57 BILLION RUPEES

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD - APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO TO 10 BILLION RUPEES

• RASHTRIYA CHEMICALS AND FERTILIZERS LTD - NCD ISSUE ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nNSE9R3ydQ

Further company coverage: RSTC.NS

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Aug 2 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• TO CONSIDER ISSUANCE OF NON- CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE7DrVZv

Further company coverage: RSTC.NS

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** Shares of Rashtriya Chemicals and Fertilizers RSTC.NS rise as much as 3.74% to 116.40 rupees

** CNBC-Awaaz reports that Urea Gold (sulphur-coated urea) fertilizer will be launched on Thursday

** RSTC among leading makers of urea-based fertilizers

** RSTC didn't immediately respond to Reuters' query

** Union cabinet had approved introduction of the fertilizer on June 28

** Trading volume is 4.22 mln shares as of 12:21 p.m. IST, above the 30-day avg of 4.05 mln shares - Refinitiv data

** RSTC down over 14% in 2023 versus a 9.4% rise in Nifty 50 .NSEI

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

** Shares of Rashtriya Chemicals and Fertilizers RSTC.NS rise as much as 2.26% to a one-month high of 110.80 rupees

** Uptick after the chemicals and fertilisers' maker receives a favourable award in arbitration between RSTC and contractor

** Matter pertains to recovery of damages, losses for breakdown of two gas turbo generators

** Arbitrator directs contractor to pay 1.74 bln rupees with interest of 10% from the date of claim along with the arbitration cost of 9.5 mln rupees

** Trading volume is 4.73 mln shares as of 12:13 p.m. IST, 1.4 times the 30-day avg - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

May 30 (Reuters) - Rashtriya Chemicals and Fertilizers Ltd RSTC.NS:

• DIVIDEND 3.70 RUPEES PER SHARE

Source text for Eikon: ID:nBSE7NN2Yy

Further company coverage: RSTC.NS

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