New Delhi: The State Trading Corporation of India Limited (STC), a Government of India enterprise, has appointed M/s Kumar Naresh Sinha & Associates, a practicing company secretary firm, as its Secretarial Auditor for a period of five consecutive financial years starting from FY 2025-26 to FY 2029-30. The decision was formally approved by the shareholders during the company’s 69th Annual General Meeting (AGM) held on January 15, 2026.
Appointment Details and Tenure
The appointment of M/s Kumar Naresh Sinha & Associates was recommended by STC’s Board of Directors and subsequently ratified by the shareholders. The five-year tenure ensures continuity in the company’s regulatory and compliance oversight, strengthening corporate governance practices within the organization.
Regulatory Compliance and Disclosures
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, STC informed both the BSE Limited (Scrip Code: 512531) and the National Stock Exchange of India (Symbol: STCINDIA-EQ) about the appointment under Regulation 30. This transparency highlights STC’s commitment to maintaining robust governance frameworks and timely disclosure of significant corporate decisions.
Significance of the Appointment
A Secretarial Auditor plays a vital role in ensuring that the company adheres to corporate and regulatory laws, including compliance with the Companies Act, 2013, and other statutory requirements. The selection of a reputable firm like Kumar Naresh Sinha & Associates reflects STC’s focus on strengthening accountability and governance standards.
About STC
State Trading Corporation of India Limited (STC), a Government of India enterprise, is a leading trading and commercial organization engaged in import-export activities, commodity trading, and strategic initiatives to support India’s international trade objectives. Known for its robust governance and transparency, STC plays a key role in facilitating global trade and promoting India’s economic interests abroad.
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