Rashtriya Chemicals and Fertilizers shares jump as board approves ₹1,500 crore FPO
Shares of Rashtriya Chemicals and Fertilizers Ltd. (RCF) jumped after the company’s board approved raising up to ₹1,500 crore through a Further Public Offering (FPO), subject to approvals from shareholders, the Department of Fertilizers and the Department of Investment and Public Asset Management (DIPAM). The state-run fertiliser maker said the fundraise will be carried out…
