BSECompany Update31 Jul 2026 · 31 Jul 2026, 04:47 pm
Intimation enclosed herewith
Rashtriya Chemicals and Fertilizers Ltd · 524230
✦ AI Summary▼ NegativeRegulatory
Rashtriya Chemicals and Fertilizers Ltd has received a notification from the Department of Fertilizers regarding revised energy norms under the Urea Pricing Policy. The revised energy norm for the company's Thal Unit has been fixed at 5.984 Gcal per Metric Tonne (PMT) with effect from April 1, 2025, resulting in an adverse financial impact of approximately Rs.171.54 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment3/10
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Full Announcement
Rashtriya Chemicals and Fertilizers Ltd - 524230 - The Department Of Fertilizers (Dof), Ministry Of Chemicals & Fertilizers, Government Of India, Has Issued Notification No. 12012/3/2023-UPP (E.34185) Dated 30Th July, 2026 Regarding The Fixation Of Revised Energy Norms Applicable Under The Urea Pricing Policy.
As Per The Aforesaid Notification, The Revised Energy Norm For The Company''s Thal Unit Has Been Fixed At 5.984 Gcal Per Metric Tonne (PMT) With Effect From April 1, 2025, As Against The Existing Norm Of 6.200 Gcal PMT. The Revised Energy Norm Shall Remain Applicable Up To March 31,2028
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'( I CS41 <:t Ch~ CfiH"i ~ Rashtriya Chemicals and
ChflM 1$\11« ~l:S Fertilizers Limited
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"~Mr', "Priyadarshini",
Jai Bhagwan Sharma
~~~. Eastern Express Highway,
Executive Director
~, ~ -400022 Sion, Mumbai -400022
(Legal & Company Secretary)
CIN: L24110MH1978GOI020185
~ I Tel. (Office): (022) 2404 5024 • ~~I E-mail: jbsharma@rcfltd.com • ~Gjtll~e I Website: www.rcfltd.com
RCFICSISto ck Ex c h anges 12026 J UIl y 31 • 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 977150 Script Code: RCF EQ
lSI N:I N E027 A08028/1 N E027 A080361
INE027 A08044
Dear Sir/Madam,
Sub: Intimation pursuant regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
In terms of Regulation 30 read with Schedule III Part B of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform you that the Department of
Fertilizers (DoF), Ministry of Chemicals & Fertilizers, Government of India, has issued Notification
No. 12012/3/2023-UPP (E.34185) dated 30th July, 2026 regarding the fixation of revised Energy
Norms applicable under the Urea Pricing Policy.
As per the aforesaid notification, the revised Energy Norm for the Company's Thai Unit has been
fixed at 5.984 Gcal per Metric Tonne (PMT) with effect from April 1, 2025, as against the existing
norm of 6.200 Gcal PMT. The revised Energy Norm shall remain applicable up to March 31,2028.
Based on the notification, the Company has made a preliminary assessment and estimates an
adverse financial impact of approximately Rs.171.54 crore on account of revision in the energy norm
applicable compriSing Rs.132.52 crore pertaining to FY 2025-26 and Rs.39.02 crore pertaining to
Q1 of FY 2026-27. The impact is subject to detailed evaluation, final computation and accounting
treatment in accordance with the applicable Accounting Standards and the provisions of the Urea
SubSidy Scheme.
Further, there is no change in the Energy Norm applicable to the Company's Trombay Unit.
The said notice was received by the Company on July 30, 2026 at 17.58 pm
This is for your information and record.
Yours faithfully,
For Rashtriya Chemicals and Fertilizr : d
J. B. Sharma
Executive Director
Legal & Company Secretary