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of <h1>Rashtriya Chemicals Fertilizers Ltd Divestment Oversubscribed, Raises Rs. 310 Crores; Meets SCRR Public Shareholding Rules.</h1> The divestment of Rashtriya Chemicals Fertilizers Ltd (RCF) has been subscribed over 1.3 times, generating approximately Rs. 310 crores for the government. This move aimed to comply with mandatory public shareholding requirements under SCRR regulations. The government had approved the sale of 12.5% of its 92.5% stake in RCF through the Offer for Sale (OFS) route via the Stock Exchange Mechanism. The issue attracted interest from all investor categories, including retail investors.
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