The State Trading Corporation of India Limited has appointed Shri Nitin Kumar Yadav as the Chairman and Managing Director (CMD) for a period of one year. The appointment, conveyed via an office order from the Department of Commerce, is effective from April 28, 2026, to April 27, 2027. Yadav will hold the additional charge of the CMD post in addition to his existing responsibilities until further orders, whichever is earlier.

Shri Nitin Kumar Yadav is an IAS officer from the 2000 batch (HR:2000) and currently serves as the Additional Secretary in the Department of Commerce. The appointment is an extension of the Department's previous Office Order dated April 24, 2025. The government issued the order with the approval of the Hon'ble Minister of Commerce & Industry.

The intimation was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made by Ritu Bhatia, Company Secretary & Compliance Officer of state trading corporation of india .

Appointment Details

The State Trading Corporation of India Limited has appointed Ms. Nigar Fatima Husain as an Additional Director (Government Nominee Director) on its Board, effective May 7, 2026. The appointment was approved by the existing directors through circulation on May 27, 2026. Ms. Husain takes over the position from Shri Asit Gopal, who served as the Government Nominee Director.

The appointment follows an order from the Ministry of Commerce & Industry, Department of Commerce, dated April 28, 2026. Ms. Husain is an Indian Defense Estates Service Officer of the 1996 batch and currently serves as Additional Secretary and Financial Advisor in the Ministry of Commerce & Industry and the Ministry of Heavy Industries, Government of India.

Regulatory Disclosures

The company stated that Ms. Husain is not related to any director on the Board as of the date of her appointment. Furthermore, she is not debarred from holding the office of Director pursuant to any SEBI order or any other authority. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile

Ms. Husain holds a B.Sc. (Hons.) in Zoology from Kolkata University, an LLB from Delhi University, and a Post-Graduation in Sociology from Dr. Harisingh Gour Vishwavidyalaya. Her previous roles include Chief Executive Officer of Roorkee, Jhansi, Deolali, and Mhow Cantonments, and Deputy Director General, Defense Estates.