General Updates

aifq) (mw ~ "if>T \ffil{) ~ Azadl Ka __1ltollt THE STATETRADING CORPORATION OF INDIALTD. AmritMahotsav (AGovt.ofIndiaEnterprise) lfl{llT DIVISION STC/BS&P/BS/10082/2017ISTEX August 27,2026 Manager Listing Compliance Manager Listing Compliance Department Department National Stock Exchange of India BSE Limited Limited Exchange Plaza, Bandra - Kurla 1st Floor, P.J. Towers, Dalal Street Complex, Sandra (East), Mumbai - Mumbai - 400001 400051 Scrip Code: STCINDIA - EQ Scrip Code: 512531 Sub: Disclosure of event or information under Regulation 30 of SEBI (LODR) Regulations, 2015 Sir/Madam, Pursuant to Regulation 30 ofSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received Notice from BSE vide their email dated August 25,2026 (copy enclosed) regarding imposition of fines for non-compliance of provisions of Regulation 17(1), 17(2A),17(2) 18(1), 19 and 20(2),(2A) of SEBI (LODR) Regulations, 2015 for not having requisite number of Independent Directors on the Board of STC for the quarter ended on 30th June,2026, as perthe details indicated below: Period ofNon-Com liance Quarter ended on 30.06.2026 Amount of Fine including GST ~12,04,7801- from BSE In response to the above, the Company has already requested the Exchanges to waive offthe fine since STC is a Public Sector Undertaking and the power to appoint Directors including Independent Directors is under the purview of the Administrative Ministry i.e. Ministry of Commerce & Industry. The Company is following up with Ministry from time to time for appointing requisite number of Independent Directors on its Board. Please take note ofthe above information on record. Thanking you, Yours sincerely, For The State Trading Corporation of India Limited (CS Ritu Bhatia) Company Secretary & Compliance Officer ~ ~ : "iififm anm qq.r. cl cl< =1 q ~ '11'1. = "IlJ l ~ 1'i- t=1 110001 /Regd •Office:JawaharVyaparShawan,TolstoyMarg,NewDelhi·110001 "VII't'" q;'f'q'ftt 'lflriWf ~/Corporate IdentityNo.:L74899DL1956GOI002674 . . d I ~/Webslte'www.stclimlted.co.in ~/Telephone:011-23313177~-~/ E-mail:co@stchmlt8 .co.nq "ll... . ufitcRft'i\"9R'~iIRi!d1Cli1C1, 27/08/2026, 14:24 512531-FinesasperSEBI MasterCircularNo. HO/49/14/14(7)2025-CFD-POD211/3762/2026issuedonJuly11,2023 andlast. . 512531-Fines as perSEBI MasterCircularNo. HO/49/14/14(7)202S-CFO-P00211/3762/2026 issued on July 11, complianceofficer<complianceofficer@stclimited.co.in> 2023 and lastupdated on January 30,2026 (ChapterVII (A) PenalAction forNon-Compliance) bse.soplodr< bse.soplodr@bseindia.com > Tue,25Aug20266:58:35PM+0530 To "cs@stclimited.co.in"<cs@stclimited.co.in>,"cs@stclimited,co.in" <cs@stclimited.co.in>,"complianceofflcer@stclimited.co.in"<complianceofficer@stclimited.co.in> Cc "bse.soplodr"<bse.soplodr@bseindia.com> Ref.: SOP-CReview/QTR-Jun-26 TheCompanySecretary/Compliance Officer CompanyName: StateTrading Corporation ofIndia Ltd Scrip Code: 512531 DearSir/Madam, Sub: Fines as perSEBIMasterCircularNo.HO/49/14/14(7)2025-CFO-P002/1/3762/2026Issued onJUly11,2023 and lastupdatedonJanuary30,2026(ChapterVII (A)-PenalActionforNon-Compliance). The company Is advised to refer to the SEBI Master CircUlar No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 Issued on July 11,2023and lastupdated on January30,2026 issued bySecurities and Exchange Board ofIndia(SEBI)with respect to penal actions prescribed for non-compliance of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and lhe Standard Operating Procedure for suspension and revocation of trading of specifiedsecuritiesoflisted entitles. The Exchange had also issued a guidance note regarding the provisions ofthe said SEBI circular which is disseminated onthe ExchangewebsiteatthefolloWing link: hUps://www.bselndl.com/dQWllloads1/GlIidonce Note fer SEBI SOP CirclIlar,rJQ[ In this regard it is observed that the company is non-complianUlate compliant with.the following Regulations forthe period mentioned below: Applicable Regulation Fine Fines levied till the Fine payable bythecompanyas onAugust25,2026 of SEBI (LOOR) prescribed quarterended (inclusiveofGST@18%) Regulations,2015 BasicFine GST@18 TotalFine % payable Regulation 17(1) Rs.5,000 June2026 455000 81900 536900 Non-compliance with the perday requirements pertaining to the composition of the Board including failure to appointwoman director Regulation 17(1A) Rs.2,OOO June2026 0 0 0 Non-compliance with the perday requirements pertainingto appointment or continuation of Non- executive director who has attained the age of seventy-fiveyears Regulation 17(2) Rs.10,OOO June2026 10000 1800 11800 Non-compliance with the perinstance requirements pertaining to the number of Board meetings aboutblank 1/3 27108/2026, 14:24 512531-FinesasperSEBI MasterCircularNo.HO/49/14/14(7)2025-CFD-POD2/1/3762/2026issuedonJuly11,2023andlast... Regulation 17(2A) RS.10,000 June2026 10000 1800 11800 Non-compliance with the perinstance requirements pertaining to quorum of Board meetings. Regulation 18(1) Rs.2,000 June2026 182000 32760 214760 Non-compliance with the perday constitution of audit committee Regulation19(1)/19(2) Rs.2,000 June2026 182000 32760 214760 Non-compliance with the perday constitution of nomination and remuneration committee Regulation 20(2)/(2A) Rs.2,000/- June2026 182000 32760 214760 Non-compliance with the perday constitution ofstakeholder relationship committee Regulation21(2) Rs.2.0001- June2026 0 0 0 Non-compliancewith the perday Constitution of risk managementcommittee Regulation27(2) *Rs. 2,000/- June2026 0 0 0 perday Non-submission of the (-) Corporate governance compliance report within the period provided under thisregulation Total 1021000 183780 1204780 (*) As perthe provisions ofthe circular the fines will continue to be computed further till the time of rectification ofthe non-compliance to the satisfaction ofthe Exchange or till the scrip ofthe listed entity is suspended from tradingfornon-compliancewith aforesaid provisions. TheCompanyisthereforeadvisedto notethatas perthe provisionsofthiscircular: • The company is required to ensure compliance with above regulation and ensure to pay the aforesaid fines including GST within 15 days from the date ofthis letter/email, failing which Exchange shall, pursuant to the provisions of the aforesaid circular, initiate action related to freezing of the entire shareholding of the promoterinthisentityaswell as all othersecurities held in the demataccountofthepromoter. • Further in the event of this being the second consecutive quarter of non-compliance for the Regulation 17(1), 18(1), 27(2) would result in the company being transferred to Z group and liable for suspension of trading of its equityshares. • The company is also advised to ensure that the subject matlerofnon-compliance which has been Identified and indicated by the Exchange and any subsequent action taken by the Exchange inthis regard shall be placed before the Board of Directors of the company in Its next meeting. Comments made by the board shall be duly Informed to the Exchangefor dissemination. Forthe Companiesto W/70m Regulatfon 15(2) ofrhe SEBI(Listing Obligations &DisclosureRequirements) Regulations, 2015, isnotapplicable, a certificate frorn the CompanySecretary/Compliance Officerofthe company, certifyingthat Paid up equitycapitalwas not exceeding Rs.10 Crores andNet worth wasnot exceeding Rs.25 Crores as on the last dayof the previous three consecutive financial year is required to be submitted to the Exchange. Companies are required to mention theexactpaidup equitycapilalandnetworthfiguresin thiscertificate. Provided that wherethe provisionsofthe regUlations specifiedin the regulation becomesapplicable to alistedentityata laterdate, SUCil listed entityshall comply with the requirements ofthose regulations within six months from the date on whichtheprovisionsbecameapplicableto the listedentity. Provided further that once the above regulations [Showing first 8,000 characters — download PDF for full document]