State Trading Corporation of India Limited has announced the appointment of Shri Asit Gopal as Government Nominee Director on its Board with immediate effect. The appointment was communicated to stock exchanges on January 20, 2026, in compliance with SEBI regulations.

Appointment Details

The Department of Commerce, Ministry of Commerce and Industry issued Order No. 11/36/2001-FT(M&O)-Vol-I(i) dated January 19, 2026, intimating the appointment. The company received this order on January 20, 2026, and promptly notified the exchanges.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, which mandates disclosure of changes in Directors and Key Managerial Personnel. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this board change.

Implementation Timeline

While the appointment takes immediate effect as per the government order, State Trading Corporation of India Limited has clarified that Shri Asit Gopal's appointment will be effective after completion of requisite formalities. The company will communicate the exact date of appointment on the Board once these formalities are completed.

Corporate Governance

This appointment reflects the government's continued involvement in the governance structure of State Trading Corporation of India Limited through nominee directors. The addition of Shri Asit Gopal, who brings experience from the Ministry of Textiles and Department of Commerce, is expected to strengthen the Board's expertise in trade and commerce matters.

State Trading Corporation of India Limited has announced the appointment of Shri AKM Kashyap as Additional Director (Government Nominee Director) on its Board of Directors, effective December 15, 2025. The appointment was formally approved by the company's existing directors through circulation on December 24, 2025.

Government Nomination and Approval

The appointment follows an official order from the Ministry of Commerce & Industry, Department of Commerce, issued through Order No. 11/36/2001-FT(M&O) dated November 25, 2025. The ministry conveyed Kashyap's appointment as Government Nominee Director on the Board with immediate effect.

The company has confirmed that the newly appointed director meets all regulatory requirements:

• Kashyap is not related to any existing Director on the Board of the Company
• He is not debarred from holding the office of Director pursuant to any SEBI order or order of any other authority
• He holds no equity shares in the company

Director Profile and Experience

Shri AKM Kashyap currently serves as Deputy Director General (Quality Assurance) in the Department of Commerce, where he oversees the AEG Wing, RTI Cell, and FT (State Mineral Wing) operations since 2024.

Kashyap's career spans over three decades in government service, beginning with his joining DGS&D (Directorate General of Supplies & Disposals), Department of Supply, as an Assistant Director (Quality Assurance) in 1994. His extensive experience includes quality assurance roles across multiple locations and a significant tenure as Director (Clothing) at the National Cadet Corps headquarters.

Regulatory Compliance

The appointment disclosure has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to inform stock exchanges about changes in directorship and key managerial personnel.

The company has notified both the National Stock Exchange of India Limited and BSE Limited about this board composition change. This appointment strengthens the government's representation on the Board of Directors of the state-owned trading corporation.