The State Trading Corporation of India Limited (STCINDIA) has received notices from BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) regarding the imposition of fines for non-compliance with provisions of Regulation 17, 18, 19, and 20 of SEBI (LODR) Regulations, 2015. The non-compliance pertains to not having the requisite number of Independent Directors on the Board of STC for the quarter ended on 31st December 2025. Each exchange has imposed a fine of ₹11,94,160/-. The total fine amounts to ₹23,88,320/-. The company received these notices via emails dated 27.02.2026 and is submitting this information to the stock exchanges on the first working day after receipt, which is 02.03.2026.
