Berger Paints
Berger Paints India announced the resignation of Dhirendra Swarup (DIN : 02878434) as a non-executive, Independent Director of the Board on 13 June, 2019.
Hero Motocorp
Hero MotoCorp announced the appointment of Yerry Mina, the popular Colombian professional footballer, as its new Brand Ambassador.

The 24-year-old Mina - one of the promising young footballers - has consistently delivered a series of impressive performances for the Colombian National Football Team (during FIFA World Cup Russia 2018) and his clubs.

Somany Ceramics
The Board of Somany Ceramics at its meeting held on 17 June 2019 has in-principally approved the amalgamation of Schablona India and Somany Ceramics.
Sundram Fasten.
Sundram Fasteners announced the resignation of K Ramesh (DIN: 00556922) as Non-Executive Non-Independent Director with effect from 17 June 2019.
Shreenath Invest
Shreenath Investment Company announced that Priya Niraj Dhanuka (ACS - A34564), Company Secretary and Compliance Officer had tendered her resignation on 15 June, 2019. The resignation is accepted and she is relieved from her duties with immediate effect.
Schablona India
The board of Schablona India at its meeting held on 17 June 2019 has in-principally approved the amalgamation of Schablona India and Somany Ceramics.
Technvision Ven.
Solix Technologies announced SOLIXCloud Enterprise Archiving, software-as-a-service for data archiving built on Microsoft Azure. The service is available today at

SOLIXCloud is built on Solix's award-winning big data application framework, the Solix Common Data Platform (CDP). SOLIXCloud enables enterprises to archive databases, file servers, and email as well as decommission and retire legacy application data to the cloud. The monthly service relieves the pressure of data growth on enterprise applications and provides infrastructure optimization, reporting, analytics, and low cost bulk data storage .

Prism Medico
The Board of Prism Medico & Pharmacy at its meeting held on 17 June 2019 has accepted the resignation of Jasjot Singh (DIN: 01937631) with effect from 8 June, 2019.
Reliance Capital
The second Offer for Sale (OFS) announced by Reliance Capital on 12 June 2019 to sell its 2.86% shareholding in Reliance Nippon Life Asset Management (RNAM) has received an overwhelming response from investors.

Institutional and retail investors bid for over 266% of the offer size of 2.86% shareholding in RNAM.

In two successive offers, Reliance Capital has sold 10.75% of its shareholding in RNAM, aggregating over Rs. 1,450 crore and has achieved the Minimum Public Shareholding of 25% in RNAM by reducing the promoter stake.

The entire RNAM stake monetization proceeds of ~ Rs. 6,000 crore (~ US $ 860 million) to be received from the Offer for Sale and the already announced transaction with Nippon Life Insurance Company of Japan will be utilised to reduce Reliance Capital's outstanding debt.

Based on the above, and other asset monetisation deals presently underway, Reliance Capital expects to reduce its debt by at least Rs. 12,000 crore (US$ 1.7 billion), or 70%, in the current financial year.

Dhanlaxmi Cotex
The Board of Dhanlaxmi Cotex has approved the appointment of Mahesh Jhawar (from Non-executive to WTD) as Whole Time Director of the Company w.e.f 17 June, 2019.
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