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 ....
STCINDIA · price
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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.
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.