STCINDIANSEThe State Trading Corporation of India Limited· TradingMediumNeutral
Announced Fri, 3 Jul · 13:54 IST

STC appoints Shri Raghvendra Singh as Director-Finance effective Jun 29, 2026

Management Changes View source PDF

STCINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹128.30
prior close
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AI summary

Government-owned STC has appointed Shri Raghvendra Singh as Additional Director (Director-Finance) on its Board effective June 29, 2026. He is an IA and AS officer currently serving as Deputy Secretary in the Department of Commerce. The appointment was conveyed by the Ministry of Commerce via order dated June 5, 2026, and approved by the Board through circulation on July 3, 2026. He holds a B.Tech in Electronics and Communication Engineering and has over a decade of experience in public finance, audit, and governance. He is not related to any existing Director and holds no equity shares in the company.

Likely market impact

Government-appointed Director-Finance addition brings financial expertise to the Board. No immediate material impact on shareholders as he holds no equity.