Rashtriya Chemicals & Fertilizers fined by exchanges for non-compliance

Rashtriya Chemicals and Fertilizers Limited (RCF) has been notified by the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) of non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notices, both dated August 29, 2025, cite violations across multiple regulations for the quarter ended June 30, 2025.

As a result of these non-compliances, RCF has been imposed a fine of INR 10,13,620 by each exchange, totaling INR 20,27,240. The company has stated it is in the process of filing applications for a waiver of these levied fines. This action highlights the ongoing scrutiny by regulatory bodies to ensure adherence to listing obligations.