State Trading Corporation of India Faces Fine from NSE Over Board Composition
New Delhi, May 29, 2026 — The State Trading Corporation of India Ltd, a Government of India Enterprise, reported receiving a notice from the National Stock Exchange of India (NSE) concerning non-compliance provisions related to its Board structure.The notice addressed deficiencies noted for the quarter ended March 31, 2026. The non-compliance cited related to the requisite number of Independent Directors on the Board of STC.
As a result of this non-compliance finding, the company was subject to a fine from the National Stock Exchange of India. The details of the financial impact are summarized below:
| Period Covered | Fine Imposed by NSE |
|---|---|
| Quarter ended March 31, 2026 | ₹11,91,800/- |
The State Trading Corporation of India Ltd is actively addressing the findings related to the Independent Directors requirement to ensure full compliance with market standards.
STCINDIA Stock Price Movement
Shares of The State Trading Corporation of India Limited are slipping by 0.39% in live trading as of 11:15 AM, currently at ₹122.6. The stock shed ₹0.48 per share, trading on a volume of 15,545 shares so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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