STC India appoints Raghvendra Singh as Director-Finance
State Trading Corporation of India Ltd appointed Shri Raghvendra Singh as Additional Director (Director-Finance) effective June 29, 2026. The Board approved the appointment on July 3, 2026, following a Ministry of Commerce & Industry order dated June 5, 2026. Singh, a 2013 batch IAAS officer, brings over a decade of experience in public finance and governance.
*this image is generated using AI for illustrative purposes only.
The State Trading Corporation of India Ltd has appointed Shri Raghvendra Singh as Additional Director (Director-Finance) effective June 29, 2026. The appointment strengthens the company's leadership with a senior official from the Ministry of Commerce & Industry. Singh brings over a decade of expertise in public finance, public debt management, and governance to the role.
The Board of Directors approved the appointment through circulation on July 3, 2026. This decision follows an order from the Ministry of Commerce & Industry, Department of Commerce, dated June 5, 2026. Singh is a 2013 batch officer of the Indian Audit and Accounts Service (IA&AS) and currently serves as Deputy Secretary in the Department of Commerce.
The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Singh is not related to any existing director on the Board and is not debarred from holding the position of director by any regulatory authority.
Profile of Shri Raghvendra Singh
Shri Raghvendra Singh holds a B.Tech degree in Electronics and Communication Engineering. His career includes key positions such as Director in the Comptroller and Auditor General (CAG) of India and Joint Director in the 16th Finance Commission. He does not hold any equity shares in the company.
| Particulars | Details |
|---|---|
| Name | Shri Raghvendra Singh |
| Date of Appointment | 29.06.2026 |
| Date of Birth | 02.07.1989 |
| Current Role | Deputy Secretary, Department of Commerce |
| Equity Shares Held | NIL |
Historical Stock Returns for State Trading Corporation of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.01% | -2.31% | -10.28% | +1.88% | -13.25% | +4.24% |
How will Singh's background in public debt management influence STC's capital structure and borrowing strategies?
What specific financial efficiency targets is the new Director-Finance expected to prioritize upon assuming the role?
Could this appointment signal a shift in STC's strategic alignment with broader government commerce and trade policies?
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