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Management change

Rashtriya Chemicals and Fertilizers: Re-appointment /Extension of Tenure of Ms Nazhat J. Shaikh as Director (Finance) & Chief Financial Officer…

Rashtriya Chemicals and Fertilizers (RCF) filed a disclosure titled "Re-appointment /Extension of Tenure of Ms Nazhat J. The company is valued at about ₹5,681 crore.

BCEIE News Desk · Published 12 Nov 2026, 04:22 pm IST · Filing received 12 Nov 2026, 04:05 pm IST

What happened

Rashtriya Chemicals and Fertilizers (RCF) filed a disclosure with the exchanges on 12 November 2026 at 04:05 PM titled "Re-appointment /Extension of Tenure of Ms Nazhat J. Shaikh as Director (Finance) & Chief Financial Officer from December 1, 2026 till date of her superannuation i.e. March 31,…".

Company snapshot

Rashtriya Chemicals and Fertilizers is a small-cap company in the Chemicals sector, with a market value of about ₹5,681 crore.

The stock last traded at ₹103, against a 52-week range of ₹93.11–₹157.2 (34.5% below the high).

Before this filing the shares had moved −1.4% over the month and −18.0% over three months. Average daily turnover over the last 20 sessions was about ₹8.28 crore.

Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 2.43% and domestic institutions 0.31%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY263,37154.40.99
Q2 FY265,293105.41.91
Q3 FY264,236811.47
Q4 FY265,581186.73.38
Q1 FY273,58673.51.33

What history shows

This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 0.2% on average the next trading day and was down 0.2% on average after five days (4 filings with price data).

Across 82 similar disclosures by other Chemicals companies, shares moved −0.2% on average the next day and +0.6% over five days; 48% of them rose the next day.

Market-wide, 4,506 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
25 Sept 2026Appointment of Ms Raju and Pr as Other of the company w.e.f.…−0.4%—
25 Sept 2026Intimation enclosed herewith−0.4%—
31 Aug 2026Appointment of Mr Rajnikant Bhulabhai Tandel as Non- Executive…+0.4%+0.2%
1 Jul 2026Management change+1.4%−0.6%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 12 November 2026: Board meeting — Financial Results.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.