Appointment of Mr. Rohit Kothari (DIN: 00054811) as the Non Executive Non Independent Director of the Company w.e.f. 30th May, 2025 for a term not exceeding five years.
ZSARACOM · price
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Saraswati Commercial (India) Ltd has appointed Mr. Rohit Kothari (DIN: 00054811) as a Non-Executive Non-Independent Director effective May 30, 2025, for a term not exceeding five years (until May 29, 2030). The appointment received RBI approval via email on the same day, indicating the company operates in a sector where RBI oversees director appointments (likely an NBFC). Mr. Kothari is a Chartered Accountant and MBA from Babson University, USA, with over 15 years of equity market experience. He is not related to any existing director on the board.
This is a routine board appointment with regulatory (RBI) clearance and is unlikely to have a material impact on the stock price. Shareholders may note the addition of a finance and equity market veteran to the board, which could strengthen governance and strategic oversight over the next five-year term.