New Delhi: The State Trading Corporation of India Ltd (STC), a government-owned enterprise, has been fined ₹1.77 lakh each by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for non-compliance with regulatory requirements. The fines were imposed for failing to submit the financial results for the quarter ended September 30, 2025, in accordance with Regulation 33 of SEBI (LODR) Regulations, 2015.
Details of the Regulatory Fine
According to official filings, STC received notices from BSE and NSE on December 16, 2025, regarding the imposition of fines. The fines include GST @18%, bringing the total penalty amount to ₹1,77,000 per exchange. The penalty pertains specifically to the period of non-compliance for the quarter ended September 30, 2025.
The exchange notices cited the company’s delay in submitting its quarterly financial results, a requirement under SEBI regulations aimed at ensuring timely transparency and accountability by listed entities.
Read also: SCCL Appoints D. Krishna Bhaskar as CMD to Strengthen Leadership at Key Telangana Coal PSU
Impact and Company Response
While the fine is a regulatory measure, STC has stated that it is taking corrective measures to ensure timely submission of financial results in future quarters. The company emphasized its commitment to regulatory compliance and transparent operations, aiming to avoid such non-compliance issues going forward.
About State Trading Corporation of India Ltd (STC)
Established in 1956, the State Trading Corporation of India Ltd is a government-owned international trading company operating under the Ministry of Commerce & Industry. It manages India’s import and export operations, functioning as an independent entity under the Companies Act, 1956. Over the decades, STC has played a vital role in promoting India’s international trade, supporting strategic imports, and ensuring effective export operations.
