The State Trading Corporation of India Limited has informed the Exchange regarding Change in Director(s) of the company.

STCINDIA · price

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Price reaction · full curve 14 horizons · vs prior close

-4.9%1-day move

₹123.84

prior close

₹124.87

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.1-0.7-1.1-1.1-4.9-4.8-3.1+0.0-1.4-1.6+10.1+4.2——

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AI summary

The State Trading Corporation of India Limited has announced the appointment of Ms. Nigar Fatima Husain as an Additional Director (Government Nominee Director) on its Board, effective 07.05.2026. She replaces Shri Asit Gopal, who was the previous Government Nominee Director. Ms. Husain is an Indian Defense Estates Service Officer (1996 batch) currently serving as Additional Secretary and Financial Advisor at the Ministry of Commerce and Industry. The appointment was conveyed by the Ministry of Commerce and Industry via order dated 28.04.2026, and the Board approved it through circulation on 27.05.2026. She has confirmed she is not related to any existing Director and is not debarred from holding the office.

Likely market impact

This is a routine change in the Board composition involving a government nominee director replacement. It reflects a change in the government representative on STC's board and should not have any material impact on the company's operations or stock price.