The State Trading Corporation of India Limited has informed the Exchange about General Updates
STCINDIA · price
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The State Trading Corporation of India Limited has informed the exchange about a change in leadership. Shri Nitin Kumar Yadav, an IAS officer (HR:2000 batch) who serves as Additional Secretary in the Department of Commerce, has been assigned additional charge of the Chairman and Managing Director (CMD) position at STC. This appointment is for a period of one year from 28.04.2026 to 27.04.2027. This is a continuation of a previous government order and is in addition to his existing charges as CMD at MMTC Ltd. and PEC Ltd. The appointment comes from the Department of Commerce, Ministry of Commerce & Industry, and was approved by the Hon'ble Minister of Commerce & Industry.
This is a routine administrative appointment for a government enterprise. Nitin Kumar Yadav will serve as CMD while holding multiple government positions simultaneously, which is common in central government enterprises. No immediate material impact on operations expected.