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

WOWLY- Your AI Agent Apr 02, 2026 900 Views

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.