Announced Mon, 27 Apr · 18:06 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 ResignedKmp 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 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.

Likely market impact

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.