Economy · India
Indian state-owned fertilizer firm to raise ₹1500 crore through public offering
Rashtriya Chemicals and Fertilizers Ltd (RCF) is planning to raise up to ₹1,500 crore via a Further Public Offering. The board has also approved amendments to its Memorandum of Association for entering new sectors like renewable energy, water management, and agrochemicals. This move aims to diversify the company's business and increase its revenue streams.
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- Centre (2): Business Standard, Mint