Sai Baba Investment And Commercial Enterprises Limited announced that the Board of Directors in their meeting held on 11 April, 2018, taken note of resignation of Mr. Kiran Dattatraya Walke as Managing Director of the company effective from 13 March, 2018, re-designation of Mr. Nikhil Gulabchand Shah from Independent Director to Executive Director of the company with effect from 11 April, 2018, also announced appointment of Mr. Amesh Surajlal Jaiswal as an Additional Independent Director of the company with effect from 11 April, 2018 who shall hold the office up to the date of upcoming annual general meeting or the last date on which annual general meeting should have been held, whichever is earlier.