New Delhi: The State Trading Corporation of India Limited (STC), a premier Central Public Sector Enterprise (CPSE) under the Ministry of Commerce & Industry, has announced the appointment of Mr. A.K.M. Kashyap as an Additional Director (Government Nominee Director) on its Board. The appointment strengthens government representation and oversight at the Board level.
The decision follows an official order issued by the Department of Commerce on November 25, 2025, and was subsequently approved by the Board of Directors of STC through a resolution passed by circulation on December 24, 2025. The appointment has been made with retrospective effect from December 15, 2025.
Government Nomination and Board Approval
Mr. Kashyap’s induction on the STC Board comes as part of the Government of India’s continued focus on ensuring effective governance and administrative supervision of CPSEs. As a Government Nominee Director, he will represent the interests of the Ministry of Commerce & Industry and contribute to strategic and policy-level decision-making.
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Professional Background and Experience
Mr. A.K.M. Kashyap brings over 30 years of experience in government service, particularly in the field of quality assurance and administration.
- Current Position: Deputy Director General (Quality Assurance), Department of Commerce
- Key Responsibilities: He has been overseeing the AEG Wing, RTI Cell, and FT (State & Mineral Wing) since 2024.
- Career Highlights:
- Joined the Directorate General of Supplies & Disposals (DGS&D) in 1994 as Assistant Director (Quality Assurance).
- Promoted to Deputy Director in 2006, with postings across major industrial and administrative centers including Kolkata, Bhilai, and Delhi.
- Served as Director (Clothing) at the headquarters of the Directorate General, NCC, from 2019 to early 2024.
- Joined the Directorate General of Supplies & Disposals (DGS&D) in 1994 as Assistant Director (Quality Assurance).
His extensive exposure to procurement, quality standards, and government operations is expected to add significant value to STC’s Board deliberations.
Regulatory Disclosures Under SEBI Norms
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, STC has made the following disclosures regarding the appointment:
- Independence: Mr. Kashyap is not related to any Director currently serving on the STC Board.
- Non-Debarment: He has not been restrained or debarred from holding the office of Director by SEBI or any other statutory authority.
- Shareholding: He does not hold any equity shares in STC Limited.
Key Appointment Details at a Glance
- Name: Mr. A.K.M. Kashyap
- Position: Additional Director (Government Nominee Director)
- Effective Date: December 15, 2025
- Nominating Authority: Ministry of Commerce & Industry, Government of India
- Stock Codes: STCINDIA (NSE) | 512531 (BSE)
About STC
Established in 1956, the State Trading Corporation of India Limited, a Central Public Sector Undertaking (CPSU), has historically played a key role in India’s foreign trade, handling the import and export of essential bulk commodities such as sugar, pulses, edible oils, and minerals. Although the company is currently operating as a non-operative entity under government direction, it continues to remain under close administrative and regulatory oversight by the Ministry of Commerce & Industry. The appointment of a Government Nominee Director reflects the Government’s commitment to maintaining sound corporate governance and institutional continuity at STC.
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