NSECredit Rating4d ago · 15 Sept 2026, 09:50 am
Credit Rating
Rashtriya Chemicals and Fertilizers Limited · RCF
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Rashtriya Chemicals and Fertilizers Limited has informed the Exchange about Credit Rating reaffirmed by CRISIL Ratings Limited. The credit rating of A1+ has been reaffirmed for the company's total bank loan facilities of Rs. 21000 Crore.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Rashtriya Chemicals and Fertilizers Limited has informed the Exchange about Credit Rating
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T Hfrehen [T
U RASHTRIYA CHEMICALS
widare fafes
EeRucichio] (A R 1 ) N2 AND FERTILIZERS LIMITED
(n} {A Government of India Undertaking)
AeL As w75 Wag"@'ab) 31s'i e e Let g together
“Priyadarshini”,
Jai Bhagwan Sharma S TR AT, Eastern Express Highway,
Executive Director R, §9¥ 400 022. Sion, Mumbai - 400 022.
(Legal & Company Secretary)
CIN - L24110MH 1978G01020185
e/ Tel.: (Off): (022) 2404 5024 © $-3eT/ Email : jb sharma@rcfitd.com @ JFATEE| ‘ V‘Vebsue www.rcfitd.com
RCF/CS/Stock Exchange/2026 September 12,2026
The Corporate Relations Department The Listing Department
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, 5th Floor,
Phiroze Jeejeebhoy Towers, Plot No.C/1, G Block,
Dalal Street, Bandra Kurla Complex,
Mumbai — 400001. Bandra(East),
Mumbai- 400 051.
Script Code: 524230 / 975890/ 976867 Script Code: RCF EQ
977150 ISIN: | NE027A08028/ INE027A08036/
INE027A08044
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI LODR”) . .
Pursuant to Regulation 30 (6) of SEBI LODR, we hereby inform that CRISIL Ratings Limited
has Re-affirmed the credit rating of companies Total Bank Loan Facilities per the details given
below: -
s Credit — . Date of
r | Rating acilities ated Amount " i Receipt of|
no. |Agency| Instrument rated (Rs. in crore) Rating action Letter
CRISIL CRISIL A1+; Reaffirmed [September|
1. | Ratings :Ztcanl.f:snk Loan 21000.00 12,2026
Limited
This is for your kind information and record.
Yours faithfully,
For Rashtriya Chemicals and Fertllizeraimited
J.B. Sharma
Executive Director
Legal and Company Secretary
Crisil
CONFIDENTIAL Ratings
RL/RASCHEM/403190/BLR/0926/158817
September 11, 2026
Mr. MK Agarwal
Executive Director - Finance
Rashtriya Chemicals and Fertilizers Limited
9th Floor Priyadarshini
Sion Trombay Road
Mumbai City - 400022
9820788018
Dear Mr. MK Agarwal,
Re: Review of Crisil Ratings on the bank facilities of Rashtriya Chemicals and Fertilizers Limited
All ratings assigned by Crisil Ratings are kept under continuous surveillance and review.
Please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the rating
actions by Crisil Ratings on the ratings as on date.
Total Bank Loan Facilities Rated Rs.21000 Crore
Short Term Rating Crisil A1+ (Reaffirmed)
(Bank-wise details as per Annexure 1)
As per our Rating Agreement, Crisil Ratings would disseminate the ratings, along with the outlook, through its
publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the
instrument/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time,
on the basis of new information, or unavailability of information, or other circumstances which Crisil Ratings believes
may have an impact on the ratings. Please visit www.crisilratings.com and search with the name of the rated entity to
access the latest rating/s.
In the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a
fresh letter of revalidation from Crisil Ratings will be necessary.
Crisil Ratings products / activities or ratings of instruments other than securities that are listed or proposed to be listed may
fall under the purview of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or
ratings (under the purview of other FSRs such as Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA),
Insurance Regulatory and Development Authority of India (IRDAI), among others), the grievance / dispute redressal and
investor protection mechanisms available under SEBI regulations shall not be applicable. A list of products/activities or
ratings of instruments falling under the purview of various FSRs along with the names of respective FSRs has been duly
disclosed by Crisil Ratings on its website.
A link to the same has been provided below for ready reference:
https:/Avww crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and-
names-of-regulators.html
Should you require any clarification, please feel free to get in touch with us.
‘With warm regards,
Yours sincerely,
Nitin Bansal Nivedita Shibu
Associate Director - Crisil Ratings Director - Crisil Ratings
Disclaimer. A rafing by Crisil Ratings reflects Crisil Rafings current opinion on the likelihood of fimely payment of the obligations under the rated instrument, and does
not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it
considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a
recommendation to buy /sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of
keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is notr esponsible for any errors and especially
States that it has no financial liability whatsoever to the subscribers/ users /transmitters / distributors ofi ts ratings. Crisil Ratings’criteria are available without charge o
the public on the web site, v crisilsatings com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating
information on_any_insirument_of any company rated by Crisil Ratings, please visit www.crisilratingscom or confact Customer Service Helpdesk at
Crisilratingdesk@crisil.com o at 1800-267-3850
Crisil Ratings Limited
Corporate Identity Number: U67100MH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India.
Phone: +91 226137 3000 | www.crisilratings.com acompany of S&P Global
Crisil
Ratings
Disclaimer. A rafing by Crisil Ratings reflects Crisil Rafings current opinion on the likelihood of fimely payment of the obligations under the rated instrument, and does
not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it
considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a
recommendation to bu/ syell o hold the rated instrument; it does not comment on the market price or suitabilty for a particular investor. Crisil Ratings has a practice of
keeping all s ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is not responsible for any errors and especially
States that it has no financial liability whatsoever to the subscribers/ users /transmitters / distributors ofi ts ratings. Crisil Ratings’criteria are available without charge o
the public on the web site, v crisilsatings com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating
information on_any_insirument_of any company rated by Crisil Ratings, please visit www.crisilratingscom or confact Customer Service Helpdesk at
Crisilratingdesk@crisil.com o at 1800-267-3850
Crisil Ratings Limited
Corporate Identity Number: U67100MH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India.
Phone: +91 226137 3000 | www.crisilratings.com acompany of S&P Global
Crisil
Annexure 1 - Bank-wise details of various facility classes (outstanding facilities) Ratings
S.No. | Bank Facility Bank filng‘l::‘z)(ll s Outstanding Rating
1 Propgsed ‘Working Capital - 2333 Crisil A1+
Facility
2 | Working Capital Facility [he Sonth Indian Bank 250 Crisil AL+
3 ‘Working Capital Fa
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