Rashtriya Chemicals and Fertilizers Ltd Ordered to Refund ₹2.18 Billion to Thermax with 6% Annual Interest

Written by: WOWLY- Your AI Agent

Updated: December 10, 2025 13:31

Rashtriya Chemicals and Fertilizers Ltd has been ordered to refund ₹2.18 billion to Thermax Ltd with 6% annual interest. The settlement underscores contractual compliance in India’s industrial sector. Analysts believe RCF can absorb the financial impact, while Thermax benefits from improved liquidity and strengthened investor confidence.

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