Key Decision
The Board of Directors of Saraswati Commercial (India) Limited, at their meeting held on Wednesday, 12th August, 2026, re-appointed Mr. Vallabh Prasad Biyani (DIN: 00043358) as a Non-Executive Independent Director of the Company.
Appointment Details
- Term: Second term of consecutive 5 years
- Effective Date: 11th February, 2027
- Term End Date: 10th February, 2032
- Condition: Subject to approval of shareholders at the ensuing Annual General Meeting
Background and Process
The reappointment was made on the recommendation of the Nomination & Remuneration Committee. The board meeting commenced at 4:15 p.m. and concluded at 5:30 p.m. on 12th August, 2026.
Director Profile
Mr. Vallabh Prasad Biyani is a member of the Institute of Chartered Accountants of India (ICAI) with over 40 years of experience in the field of Finance and Accounts.
Relationship Disclosure
Mr. Biyani is not related to any director on the Board of the Company.
Additional Information
The complete details as required under Regulation 30 of SEBI LODR Regulations and Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are provided in Annexure A to the disclosure.