saraswati commercial has re-appointed Ms. Meenakshi Bishnoi as its Chief Compliance Officer for a period of three years effective August 10, 2026. The decision ensures continuity in the company's compliance leadership, adhering to regulatory requirements set by the Reserve Bank of India (RBI).

The Board of Directors approved the re-appointment at its meeting held on May 26, 2026, based on the recommendation of the Nomination & Remuneration Committee. The appointment is in compliance with an RBI circular referenced as DoS.CO.PPG./SEC.01/11.01.005/2022-23 dated April 11, 2022.

Ms. Meenakshi Bishnoi is a Chartered Accountant with over eight years of experience in finance, accounting, taxation, and NBFC compliances. Her re-appointment places her on the rolls of the company for the specified tenure.

The disclosure was made pursuant to Regulation 30 read with Schedule III Part A Para A (7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI circulars dated July 13, 2023, and November 11, 2024.

Details of Appointment

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