Sai Baba Investment And Commercial Enterprises Limited announced that at the Annual General Meeting held on 29 September 2018, the company appointed Mr. Jigar Bhadresh Gandhi as the new Independent Director of the Company by the shareholders as Mr. Amesh Surajlal Jaiswal, who was appointed as additional Independent Director by the Board at its meeting held on 11 April 2018, has expressed his unwillingness to continue as Independent Director after 37th Annual General Meeting of the Company held on 29 September 2018.