The State Trading Corporation of India logo

The State Trading Corporation of India MD, chairman, board of directors and AGM

NSE: STCINDIABSE: 512531Commercial Services & SuppliesSmall Cap

Last close ₹99.16down ₹1.70 (1.69%)BSE ₹98.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹100.86.

52-week range of traded prices to 23 Oct 2026
₹96.10Low, 21 Oct 2026₹150.00High, 17 Jun 2026
Market cap
₹595 Cr1,679th largest listed
P/E
0.9
P/E without one-offs
18.4
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
Assets held for saleon the latest balance sheet
ROCE
Assets held for saleon the latest balance sheet
Debt to equity
Assets held for saleon the latest balance sheet
Volume, NSE
35,56950.8% delivered

The State Trading Corporation of India board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • ChairpersonNITIN KUMAR YADAV
  • Company Secretary and Compliance OfficerRITU BHATIA

4 directors2 executive2 non-executive

  • NITIN KUMAR YADAV · ChairpersonExecutive · joined Apr 2025 · 2 listed boards
  • ASHWINI KUMAR MUNNILAL KASHYAPNominee, non-executive · joined Dec 2025 · 2 listed boards
  • NIGAR FATIMA HUSAINNominee, non-executive · joined May 2026 · 4 listed boards
  • RAGHVENDRA SINGHExecutive · joined Jun 2026 · 0 listed boards

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

13 directors who left
  • ANOOPA SANKARANKUTTY NAIR, left 4 Jun 2026: Tenure Completion
  • ASIT GOPAL, left 28 Apr 2026: Tenure Completion
  • ARTI BHATNAGAR, left 30 Sep 2025: Tenure Completion
  • AISHVARYA SINGH, left 22 Sep 2025: Others
  • HARDEEP SINGH, left 27 Apr 2025: Tenure Completion
  • NARESH DHANRAHBHAI KELLA, left 24 Mar 2025: Tenure Completion
  • KAPIL KUMAR GUPTA, left 30 Nov 2024: Tenure Completion
  • ASHOK KUMAR ASERI, left 9 Nov 2024: Tenure Completion
  • VIVEK ATUL BHUSKUTE, left 9 Nov 2024: Tenure Completion
  • ROHINI SANJAY KACHOLE, left 9 Nov 2024: Tenure Completion
  • DIVAKARA SHETTY KAUP, left 9 Nov 2024: Tenure Completion
  • MANJEET KUMAR RAZDAN, left 4 Nov 2024: Tenure Completion
  • SATISH KUMAR CHAWLA, left 4 Nov 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 25 Aug 20264 of 4 present0 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • PVAR & ASSOCIATESPeer-review certificate valid to Feb 2028
1 earlier auditor
  • P V A R & ASSOCIATESNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

The State Trading Corporation of India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.The State Trading Corporation of India dividend history

Annual general meeting, 15 Jan 2026

26,716 shareholders on the register on 8 Jan 2026; present: 1 promoter and 46 others; votes counted by Shri Sachin Agarwal / M/s Agarwal S. & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement, containing Balance Sheet as at March 31, 2025, Profit & Loss Account and Cash Flow Statement of the Company, for the year ended March 31, 2025 together with the Report of the Board, Reports & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the management thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.47%

    Turnout: all 90.05% · promoters 100.00% · institutions 10.25% · other public 0.01%

  2. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditor of the Company appointed by Comptroller & Auditor General of India for the year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.32%

    Turnout: all 90.05% · promoters 100.00% · institutions 10.25% · other public 0.01%

  3. To appoint Shri Nitin Kumar Yadav, IAS (HR : 2000) (holding DIN: 03104045) as Director (Chairman & Managing Director).
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.47%

    Turnout: all 90.05% · promoters 100.00% · institutions 10.25% · other public 0.01%

  4. To appoint Smt. Anoopa Sankarankutty Nair (IES:2011), (holding DIN: 11138663) as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.47%

    Turnout: all 90.05% · promoters 100.00% · institutions 10.25% · other public 0.01%

  5. To appointment of M/s Kumar Naresh Sinha & Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company for a term of five consecutive financial years commencing from FY 2025–26 to FY 2029–30 (both years inclusive)MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.47%

    Turnout: all 90.05% · promoters 100.00% · institutions 10.25% · other public 0.01%

  6. To appoint Shri A K M Kashyap, (holding DIN: 11429919) as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.47%

    Turnout: all 90.05% · promoters 100.00% · institutions 10.25% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2024, 3 resolutions

Present: 1 promoter and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement, containing Balance Sheet as at March 31, 2024, Profit & Loss Account and Cash Flow Statement of the Company, for the year ended March 31, 2024 together with the Report of the Board, Reports & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the management thereto.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 37.43%

    Turnout: all 90.07% · promoters 100.00% · institutions 8.97% · other public 0.19%

  2. To appointment a Director in place of Smt. Arti Bhatnagar (holding DIN 10065528), who retires by rotation and being eligible offers herself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 41.17%

    Turnout: all 90.07% · promoters 100.00% · institutions 8.97% · other public 0.19%

  3. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditor of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 37.43%

    Turnout: all 90.07% · promoters 100.00% · institutions 8.97% · other public 0.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Sep 2023, 5 resolutions

Present: 1 promoter and 43 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement, containing Balance Sheet as at March 31, 2023, Profit & Loss Account and Cash Flow Statement of the Company, for the year ended March 31, 2023 together with the Report of the Board, Reports & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the management thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.89%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.13%

  2. To Re-appointment of Shri Kapil Kumar Gupta (holding DIN 08751137) as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.95%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.13%

  3. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditor of the Company appointed by Comptroller & Auditor General of India for the year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 22.50%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.13%

  4. Appointment of Smt. Arti Bhatnagar (holding DIN: 10065528) as Director (Government Nominee Director)
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.58%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.13%

  5. Appointment of Shri Hardeep Singh (holding DIN: 09778990) as Director (Chairman and Managing Director)
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.89%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 7 Oct 2022, 3 resolutions

Present: 1 promoter and 40 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement, containing Balance Sheet as at March 31, 2022, Profit & Loss Account and Cash Flow Statement of the Company, for the year ended March 31, 2022 together with the Report of the Board, Reports & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the management thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.60%

    Turnout: all 90.00% · promoters 100.00% · institutions 0.00% · other public 0.05%

  2. To appoint a Director in place of Shri Shashank Priya (holding DIN 08538400), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.45%

    Turnout: all 90.00% · promoters 100.00% · institutions 0.00% · other public 0.05%

  3. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.60%

    Turnout: all 90.00% · promoters 100.00% · institutions 0.00% · other public 0.05%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Jun 2022, 9 resolutions

The company's voting result (opens in a new tab)

  1. To Approve the appointment of Shri Manjeet Kumar Razdan (DIN: 09413663) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.20%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  2. To Approve the appointment of Shri Satish Kumar Chawla (DIN: 09400987) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.20%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  3. To Approve the appointment of Dr. Bhim Singh (DIN: 09407618) as IndependentnDirector of the Company. n
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.17%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  4. To Approve the appointment of Shri Divakar Shetty Kaup (DIN: 09407538) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.34%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  5. To Approve the appointment of Dr. Vivek Atul Bhuskute (DIN: 09417992) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.20%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  6. To Approve the appointment of Dr. Rohini Sanjay Kachole (DIN: 09405874) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.17%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  7. To Approve the appointment of Shri Ashok Kumar Aseri (DIN: 09405164) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.19%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  8. To Approve the appointment of Shri Vipul Bansal (DIN: 02687229) as Part-TimenGovernment Director of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.95%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

  9. To Approve the appointment of Shri Naresh Dhanrajbhai Kella (DIN: 01176450) asnIndependent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.17%

    Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.47%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Nov 2021, 3 resolutions

Present: 1 promoter and 43 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement containing Balance Sheet as at March 31, 2021, Profit & Loss Account and Cash Flow Statement of the Company for the year ended March 31,2021 together with report of the Board, Report & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the Management thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 90.08% · promoters 100.00% · institutions 0.00% · other public 0.86%

  2. To appoint a Director in place of Shri Nainar Arumugam Nainar Jeyakumar (holding DIN 08479171), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 90.08% · promoters 100.00% · institutions 0.00% · other public 0.86%

  3. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 90.08% · promoters 100.00% · institutions 0.00% · other public 0.86%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 17 Dec 2020, 5 resolutions

Present: 1 promoter and 57 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement, containing Balance Sheet as at March 31, 2020, Profit & Loss Account and Cash Flow Statement of the Company, for the year ended March 31, 2020 together with the Report of the Board, Reports & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the management thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.11%

  2. To appoint a Director in place of Shri Sanjeev Kumar Sharma (holding DIN 06942536), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 79.11%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.11%

  3. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory/Branch Auditor(s) of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 76.37%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.11%

  4. Appointment of Shri Shyamal Misra, (holding DIN: 03073323) as Director.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 79.11%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.11%

  5. Appointment of Shri Kapil Kumar Gupta (holding DIN : 08751137) as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.00%

    Turnout: all 90.01% · promoters 100.00% · institutions 0.00% · other public 0.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Sep 2019, 6 resolutions

Present: 1 promoter and 81 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone & Consolidated Audited Financial Statement, containing Balance Sheet as at March 31, 2019, Profit & Loss Account and Cash Flow Statement of the Company, for the year ended March 31, 2019 together with the Report of the Board, Reports & Comments of the Auditors and Comptroller & Auditor General of India thereon and reply of the management thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.22%

    Turnout: all 90.02% · promoters 100.00% · institutions 0.00% · other public 0.19%

  2. To appoint a Director in place of Shri Rajiv Chopra (holding DIN 06466326), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.15%

    Turnout: all 90.02% · promoters 100.00% · institutions 0.00% · other public 0.19%

  3. To appoint a Director in place of Shri Umesh Sharma (holding DIN 03298909), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.85%

    Turnout: all 90.02% · promoters 100.00% · institutions 0.00% · other public 0.19%

  4. To authorize Board of Directors of the Company to fix the remuneration of the Statutory/Branch Auditor(s) of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.91%

    Turnout: all 90.02% · promoters 100.00% · institutions 0.00% · other public 0.19%

  5. To appoint Shri N. A. N. Jeyakumar (holding DIN: 08479171) as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.98%

    Turnout: all 90.02% · promoters 100.00% · institutions 0.00% · other public 0.19%

  6. To appoint Shri Shashank Priya (holding DIN: 08538400) as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.85%

    Turnout: all 90.02% · promoters 100.00% · institutions 0.00% · other public 0.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyNational Stock Exchange of India LimitedSince 25 Aug 2026

    Imposition of fine by NSE amounting to Rs. 12,04,780/- (Including GST) for the quarter ended June 30, 2026 for non compliance with the provisions of Regulation 17(1), 17(2),17(2A), 18(1), 19(1) and 20(2) of SEBI (LODR) Regulations, 2015.

    The composition of Board of Directors, Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee was not in compliance with the provisions of SEBI (LODR) Regulations, 2015 during the quarter ended June 30, 2026MoreLess
  • Fine or penaltyBombay Stock ExchangeSince 25 Aug 2026

    Imposition of fine by BSE amounting to Rs. 12,04,780/- (Including GST) for the quarter ended June 30, 2026 for non compliance with the provisions of Regulation 17(1), 17(2),17(2A), 18(1), 19(1) and 20(2) of SEBI (LODR) Regulations, 2015.

    The composition of Board of Directors, Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee was not in compliance with the provisions of SEBI (LODR) Regulations, 2015 during the quarter ended June 30, 2026MoreLess
  • Fine or penaltyNational Stock Exchange of India LimitedSince 11 Sep 2026

    Imposition of fine by NSE amounting to Rs. 1,53,400/- (Including GST) for non compliance with the provisions of Regulation 33 of SEBI (LODR) Regulations, 2015

    Fine imposed due to non-compliance of Reg 33 of SEBI (LODR), Reg 2015 for delay submission of financial results for the quarter ended on 30.06.2026.
  • Fine or penaltyBombay Stock ExchangeSince 11 Sep 2026

    Imposition of fine by BSE amounting to Rs. 1,53,400/- (Including GST) for non compliance with the provisions of Regulation 33 of SEBI (LODR) Regulations, 2015

    Fine imposed due to non-compliance of Reg 33 of SEBI (LODR), Reg 2015 for delay submission of financial results for the quarter ended on 30.06.2026.

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
No
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.