Saraswati Commercial appoints Kartik Chawda as CIO
Saraswati Commercial appointed Mr. Kartik Chawda as Chief Information Officer & Head of IT effective June 01, 2026, following the resignation of Mr. Sanket Baheti. Mr. Chawda brings over 12 years of experience in the IT industry.
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Saraswati Commercial (India) Limited has appointed Mr. Kartik Chawda as the Chief Information Officer & Head of IT, effective June 01, 2026. The appointment, approved by the Board of Directors on May 26, 2026, follows the recommendation of the Nomination & Remuneration Committee. Mr. Chawda brings over 12 years of experience in the IT industry, specializing in transforming IT functions into efficient operational units with a focus on security-first cultures.
Appointment Details
The Board approved the appointment of Mr. Kartik Chawda as a Senior Managerial Personnel. He succeeds Mr. Sanket Baheti, who resigned as the Chief Information Officer effective May 31, 2026. The new CIO's term of appointment is on the rolls of the Company.
Profile of Appointee
| Particulars | Details |
|---|---|
| Name | Mr. Kartik Chawda |
| Designation | Chief Information Officer & Head of IT |
| Date of Appointment | June 01, 2026 |
| Experience | Over 12 years in IT industry |
| Specialization | Transforming IT functions, security-first cultures |
Historical Stock Returns for Saraswati Commercial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.97% | -1.28% | -1.98% | -1.58% | -1.58% | -1.58% |
How will Mr. Chawda's security-first specialization influence the company's cybersecurity framework and risk management strategy?
What specific digital transformation initiatives can be expected under Mr. Chawda's leadership to enhance operational efficiency?
How might this leadership change impact the company's IT budget and resource allocation over the next fiscal year?
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