Announced Mon, 27 Apr · 18:04 IST

Please find enclosed intimation w.r.t. tenure completion of Shri Nitin Kumar Yadav as CMD, STC w.e.f. 27.04.2026

Ceo ResignedManagement Changes View source PDF

STCINDIA · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹120.30
prior close
₹120.79
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.6-0.1+0.5-1.9-1.9-1.7-0.8-0.2+2.1-4.0-0.7+7.2
Up moveDown movePending
AI summary

State Trading Corporation of India (STC) has informed the exchanges that the tenure of its Chairman & Managing Director (CMD), Shri Nitin Kumar Yadav, will be coming to an end on 27 April 2026. This is an intimation of the completion of his existing term rather than a mid-term resignation. STC is a public sector trading company under the Government of India. No successor has been mentioned in this filing. The actual BSE document page was unavailable, so further details on the transition or replacement plan are not available from this filing.

Likely market impact

Shareholders should note a change at the top of the company by April-end 2026. Until a successor is appointed, there may be uncertainty around strategic direction, though PSU appointments are typically handled quickly by the government. Watch for a follow-up announcement on the new CMD appointment.