This is a regulatory disclosure filed by The State Trading Corporation of India Ltd. (STC) with the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE). The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company intimates a change in its Key Managerial Personnel (KMP). Following its previous letter dated April 27, 2026, the company informs that the Department of Commerce, Government of India, has issued an office order (No. A-12022/20/2019-E-IV) on May 29, 2026.
As per the order, which is a continuation of an earlier order dated April 24, 2025, Shri Nitin Kumar Yadav, IAS(HR:2000), Additional Secretary in the Department of Commerce, will hold the additional charge of the post of Chairman and Managing Director (CMD) of STC Limited. This additional charge is effective for a period of one year, from April 28, 2026, to April 27, 2027. He will hold this charge in addition to his existing responsibilities. The arrangement is valid until further orders, whichever is earlier.
The enclosed government order from the Ministry of Commerce & Industry, dated May 29, 2026, provides further context. It states that Shri Nitin Kumar Yadav will also hold the additional charge of Chairman and Managing Director for two other companies: MMTC Ltd. (from April 27, 2026, to April 26, 2027) and PEC Ltd. (from April 27, 2026, to April 26, 2027). The order was issued with the approval of the Hon'ble Minister of Commerce & Industry.
The letter to the exchanges was digitally signed by CS Ritu Bhatia, who is the Company Secretary & Compliance Officer of STC.