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RAMAGUNDAM FERTILIZERS AND CHEMICALS LIMITED

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RAMAGUNDAM FERTILIZERS AND CHEMICALS LIMITE D Ramagundam Fertilizers & Chemicals Limited (RFCL) was incorporated on February 27, 2015 to set up natural gas-based ammonia urea complex along with offsite and utility facilities at Ramagundam, Telangana with designed capacity of 2,200 MTPD Ammonia Unit and 3,850 MTPD Urea Plant. RFCL is a Joint Venture Company of National Fertilizers Limited (NFL), Engineers India Limited (EIL) and Fertilizer Corporation of India Limited (FCIL) (Promoters) with 26% equity each by NFL and EIL. FCIL has been granted 11% equity in terms of CCEA approval. Government of Telangana has taken equity participation of 11%. With the signing of Share Subscription Cum Shareholders Agreement (SSSHA) on 18th August, 2018 amongst RFCL, its Promoters and Investors, leading to Equity participation of 14.3% of Equity Capital by GAIL (India) Ltd. and 11.7% of Equity Capital by HTAS Consortium (consisting of HT Ramagundam A/S, IFU and Danish Agribusi