Key Event Details

  • Mr. Sanket Baheti, Chief Information Officer (Senior Managerial Personnel) of the Company, has resigned from his position.
  • Resignation was tendered via letter dated May 15, 2026.
  • Effective cessation date: May 31, 2026.
  • Reason for resignation: Other professional commitments.

Board Action

  • The Board of Directors noted the resignation at their meeting held on Tuesday, 26th May, 2026.
  • The meeting commenced at 4:30 p.m. and concluded at 6:00 p.m.
  • The Board and Management expressed appreciation and gratitude for Mr. Baheti's extensive contribution and stewardship during his association with the Company.

Annexure A Details

| Detail Type | Information |

| Reason for change | Resignation of Mr. Sanket Baheti as Chief Information Officer (CIO) |

| Date of cessation | With effect from 31st May, 2026 |

| Brief profile | N.A. |

| Disclosure of relationships between directors | N.A. |

Resignation Letter Contents (Annexure B)

  • Addressed to the Board of Directors of Saraswati Commercial (India) Limited
  • Dated: 15.05.2026
  • States resignation from position of Chief Information Officer (CIO), Senior Managerial Personnel
  • Effective date: May 31, 2026
  • Reason: Other professional commitment
  • Expresses thanks to the Board of Directors and Management for their support during tenure

Financial Impact

Financial impact not quantified in the disclosure.