Please find enclosed intimation w.r.t. tenure completion of Shri Nitin Kumar Yadav, as CMD , STC, w.e.f. 27.04.2026
STCINDIA · price
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State Trading Corporation of India (STC) has informed the stock exchanges that the tenure of Shri Nitin Kumar Yadav as Chairman and Managing Director will end on 27 April 2026. The filing is a routine intimation about the completion of his term at the helm of the company. No successor has been named in this announcement. STC is a public sector undertaking under the Ministry of Commerce, so the appointment of a new CMD typically goes through a government selection process.
This is a planned leadership transition rather than a sudden exit, so the immediate impact on the stock is expected to be limited. Shareholders should watch for a follow-up announcement from the Appointments Committee of the Cabinet (ACC) or the Ministry of Commerce regarding the new CMD, as leadership continuity matters for a government trading company.