Saraswati Commercial India Ltd. announced that at the board meeting held on February 13, 2015, the company approved appointment of Mr. Ketan Desai as an Additional Director of the Company. Mr. Nalin Kothari, CFO of the Company has been appointed as CEO of the Company. The company also announced appointment of Mrs. Vaishali Dhuri as CFO of the Company and resignation of Umaidmal Kala from the directorship of the Company.