New Delhi: Rashtriya Chemicals and Fertilizers Limited (RCF) has approved the re-appointment of Ms. Nazhat J. Shaikh as Director (Finance) and Chief Financial Officer (CFO) of the company, extending her tenure from December 1, 2026, until her superannuation on March 31, 2027, or until further orders, whichever is earlier.
The decision was approved by RCF’s Board of Directors at its meeting held on November 12, 2026, following an order received from the Ministry of Chemicals and Fertilizers dated October 23, 2026.
The company disclosed the appointment to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
RCF Board Approves Extension of Nazhat J. Shaikh’s Tenure
As per the board’s decision, Nazhat J. Shaikh will continue to serve as Director (Finance) and CFO from December 1, 2026, until March 31, 2027, which is the date of her superannuation, or until further orders, whichever is earlier.
The extension is based on the Ministry of Chemicals and Fertilizers’ order issued on October 23, 2026.
The re-appointment is expected to ensure continuity in the company’s financial leadership, reporting and administrative responsibilities.
Read also: RCF Appoints Rajnikant Bhulabhai Tandel as Independent Director for Three-Year Term
Who Is Nazhat J. Shaikh? Executive Profile and Experience
Nazhat J. Shaikh is a Chartered Accountant and a certified SAP FI Consultant with more than 30 years of professional experience in the fertiliser industry.
She began her career at Rashtriya Chemicals and Fertilizers Limited in 1989 as an Accounts Officer. During her association with the company, she handled several important responsibilities across finance, marketing and information technology.
She also played a role in the implementation of SAP ERP systems at RCF, contributing to the company’s financial and digital management processes.
Shaikh previously served as Director (Finance) at the National Film Development Corporation (NFDC) from November 24, 2015. She subsequently rejoined RCF as Executive Director (Finance) on August 1, 2019.
She has also held additional charge as Director (Finance) at Projects & Development India Limited (PDIL) for a period.
RCF Appoints Internal Auditors for FY27 to FY29
In the same board meeting, RCF also approved the appointment of two professional firms as its internal auditors for a three-year period covering FY 2026-27 to FY 2028-29.
The appointed firms are:
- M/s. J. Singh & Associates: Chartered Accountants.
- M/s. Bandyopadhyaya Bhaumik & Co.: Cost Accountants.
Both appointments are effective from November 12, 2026.
M/s. J. Singh & Associates, established in 1978, provides audit, assurance and management consultancy services and operates through branches across India.
M/s. Bandyopadhyaya Bhaumik & Co., established in 1994, specialises in cost audits, internal audits and management audits, including services for the chemicals and fertilisers sectors.
The appointments are aimed at strengthening the company’s internal audit and financial oversight framework.
Key Details of RCF Director (Finance) Reappointment
The major details of the board-approved appointment are as follows:
- Company: Rashtriya Chemicals and Fertilizers Limited (RCF)
- Name: Nazhat J. Shaikh
- Designation: Director (Finance) and Chief Financial Officer
- Effective Date: December 1, 2026
- Tenure End Date: March 31, 2027, or until further orders, whichever is earlier
- Board Meeting Date: November 12, 2026
- Ministry Order Date: October 23, 2026
- Regulatory Disclosure: Regulation 30 of SEBI LODR Regulations, 2015
The tenure extension and appointment of internal auditors reflect RCF’s focus on maintaining financial management continuity, strengthening internal controls and ensuring effective corporate governance.
About Rashtriya Chemicals and Fertilizers Limited (RCF)
Rashtriya Chemicals and Fertilizers Limited (RCF) is a Navratna public sector undertaking under the Ministry of Chemicals and Fertilizers, Government of India. Headquartered in Mumbai, Maharashtra, the company is engaged in the manufacturing and marketing of fertilisers and industrial chemicals. RCF plays an important role in supporting India’s agricultural sector by supplying fertiliser products and contributing to the country’s fertiliser production and food security.
Read also: RCF Holds 48th AGM, Approves ₹1,500 Crore FPO, MOA Amendments and NCD Fundraising Plan
