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STCINDIABSETHE STATE TRADING CORPN· Commercial Services & SuppliesHighNegative
Announced Wed, 26 Aug, 2026 · 11:05 IST

NSE fines State Trading Corp Rs 12.05 lakh over missing independent directors

Sebi PenaltyRegulatory & Legal View source PDFExplain this filing

STCINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.7%Reaction day
₹121.62
prior close
₹119.44
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-3.3% vs market
Trading & Distributors peers, median of 135sector+0.0%-2.7% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 2.7 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
—
10m
-0.3
15m
-0.3
30m
-0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.7+0.6-3.3+0.0-2.7
Next day
-3.6+0.4-3.9+0.2-3.8
2d
-3.9+0.7-4.6-0.2-3.7
3d
-4.4+1.0-5.4+0.0-4.4
4d
-4.6-0.0-4.6-1.5-3.1
5d
-7.1-0.6-6.5-1.2-5.8
1w
-5.3+0.7-6.0-0.5-4.9
15d
-8.4-1.2-7.2-2.8-5.6
1m
-12.1-0.9-11.2-3.4-8.8
2m
-18.8-9.0-9.8-8.9-9.9
3m
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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 135Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NSE imposed a fine of Rs 12.05 lakh on State Trading Corp (STC) for not having the required number of Independent Directors on its Board for the quarter ended 30 June 2026. The fine covers non-compliance with SEBI LODR regulations 17, 18, 19 and 20. STC has requested a waiver since as a PSU, director appointments are controlled by the Ministry of Commerce.

Likely market impact

Modest fine of about Rs 12 lakh; company is seeking waiver. Root cause is shortage of independent directors, a common issue at PSUs awaiting ministry action.