RCF shares witnessed an uptick on Wednesday after the state-owned fertiliser maker's board approved raising up to Rs 1,500 crore through a further public offering (FPO). The proposal, aimed at issuing fresh equity shares, is subject to approvals from shareholders, the Department of Fertilizers, the Government of India and DIPAM.

The company said the Board has approved the raising of funds by way of a "Further Public Offering through a fresh issue of equity shares by the company aggregating up to ₹1,500…

RCF shares witnessed an uptick on Wednesday after the state-owned fertiliser maker's board approved raising up to Rs 1,500 crore through a further public offering (FPO). The…