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Indian Trading Company
One of the major Indian Trading Company is the State Trading Corporation Of India.
Company Name: State Trading Corporation Of India
Ticker: 512531
Exchanges: BOM
2006 Sales: INR 75,960,000,000
Major Industry: MISCELLANEOUS
Sub Industry: WHOLESALERS
Country: INDIA
Employees: 928
Activities
This Indian Trading Company mainly focuses on the export and import of agricultural commodities. This Indian Trading Company exports food grains, Castor oil, coffee, cashew and tea and imports bullion, vanaspati and edible oils, pulses, hydro-carbons, metals and minerals and fertilizers. The State Trading Corporation Of India exports food grains to Bangladesh, Yemen, Malaysia, UAE, Madagascar, Poland, Comoros, Indonesia, Iran, Ivory Coast, Certain African countries, Oman, Taiwan and Italy. This Indian Trading Company was founded in 1956 and is based in New Delhi. The State Trading Corporation of India Limited is a Government of India company. This Indian Trading Company has played an important role in boosting up the development of Trade in India.
Important Developments
- The State Trading Corporation of India Ltd. Reports Earnings Results for the Quarter Ended December 2006,
05/31/2007
- The State Trading Corporation of India Ltd. reported the results of it's earnings for the
quarter ended December 2006. For the quarter, the company reported that the net profit
increased by 440% to INR 201 million, sales grew by 333% to INR 55,092.9 million, operating
profit was at INR 222.1 million and profit before depreciation and tax grew by 399% to INR
299.2 million.
- State Trading Corporation of India Ltd. Appoints S. Behuria as Director on the Board, Effective May 21, 2007
- 05/22/2007
- The State Trading Corporation of India Ltd. declared that Dr. S. Behuria, Additional
- Secretary & Financial Advisor of Department of Commerce has been appointed as Director on
the Board for the Company with effect from May 21, 2007.
- State Trading Corporation of India Ltd. Announces Change in Directorate
- 05/2/2007
- The State Trading Corporation of India Ltd. announced that Shri. SS Roy Burman has joined
the Company as Director (Marketing) with effect from May 01, 2007. Further, Shri. SR Bharati,
- Director (Marketing), of the Company has retired from the services of the Corporation with
effect from April 30, 2007 on his superannuation.
Organization
- State Trading Corporation of India is headed by Peter M. Donovan, CFA, who is the CEO of the company.
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Electronic forms and mandatory documents to ' Indian Trading Company ' should further accompanied by, Declaration of compliance, Notice of situation of registered office of the company and Particulars of the Director's, Manager or Secretary. It should be accompanied by the digital signature, requisite fees and hard copy of Memorandum and Article of Association to the RoC. Then corporate identity is Certified by RoC. Public Limited Companies and Part IX Companies have to adhere to few more compliances for ' Company Registration in India '.
The hassles to 'Indian Trading Company ' has been substantially cut down. And with better and user friendly ' Process of Company Registration in India ' has recorded , 54,020 companies limited by shares were registered during the year 2005-06. 199 new foreign companies registered their name during the period April to December, 2006 totaling the number to 2,239.
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