The State Trading Corporation of India Limited has informed the Exchange about General Updates

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STCINDIA · price

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▲ 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

-4.9%1-day move

₹123.84

prior close

₹122.60

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.3+0.3+0.3+0.3-4.9-4.8-3.1+0.0-1.4-1.6+10.1+4.2——

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AI summary

The State Trading Corporation of India Limited has received a notice from the National Stock Exchange of India (NSE) dated 27.05.2026, imposing a fine of Rs. 11,91,800 for non-compliance with SEBI (LODR) Regulations, 2015. The company failed to maintain the requisite number of Independent Directors on its Board for the quarter ended 31st March 2026, violating provisions under Regulation 17(1), 17(2), 17(2A), 18(1), 19(1)/19(2) and 20(2)/20(2A). The disclosure was filed on May 29, 2026, being the first working day after receipt of the notice. STC is a Government of India Enterprise.

Likely market impact

This fine highlights a governance shortfall at the board level. Failure to appoint required Independent Directors is a compliance violation that could raise concerns among investors about corporate governance standards at the PSU.