Please find enclosed intimation for appointment of Shri Nitin Kuma Yadav, IAS(HR:2000),AS, Doc as CMD of STC for a period of one year from 28.04.2026 to 27.4.2027, or until further orders ....

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

STCINDIA · price

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Price reactionminutes from the announcement price · days from the prior close

-3.6%Reaction day

₹123.84

prior close

₹122.51

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-3.0% vs market

Trading & Distributors peers, median of 127sector+0.0%-3.6% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.6 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.6-0.6-3.0+0.0-3.6

Next day

-4.9-1.7-3.2-0.3-4.6

-4.8-0.7-4.1-0.7-4.1

-3.1-0.4-2.7-1.4-1.7

+0.0+0.4-0.4-1.4+1.4

-1.4+0.4-1.8-0.7-0.7

-1.6+0.3-1.9-1.9+0.3

15d

+10.1+5.5+4.6-2.8+12.9

+4.2+4.6-0.4-3.9+8.1

-4.0+5.3-9.3-6.6+2.6

-6.2+11.6-17.7-5.3-0.9

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 127Pending

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

AI summary

The State Trading Corporation of India Ltd has informed about the appointment of Shri Nitin Kumar Yadav, an IAS officer (HR:2000 batch) and Additional Secretary in the Department of Commerce, to hold additional charge as Chairman and Managing Director of STC Limited. This appointment is for a period of one year from 28.04.2026 to 27.04.2027, or until further orders, whichever is earlier. The appointment was conveyed through a Government of India Office Order dated 29.05.2026, in continuation of a previous order dated 24.04.2025. Notably, Shri Yadav already holds additional charge of CMD positions at MMTC Ltd. and PEC Ltd. under similar terms.

Likely market impact

This is a routine government administrative appointment for a Central Public Sector Enterprise (CPSE). As STC is a government enterprise, this change does not directly impact retail shareholders as the appointment follows standard government transfer/placement procedures rather than market-driven corporate governance changes.