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Kovai Medical Center and Hospital Suffers Loss of Joint Managing Director Dr. Thavamani Devi Palaniswami Kovai Medical Center & Hospital Ltd has announced the passing of Dr. Thavamani Devi Palaniswami, its Joint Managing Director. The demise occurred on June 6, 2026, representing a significant loss for the organization.Dr. Thavamani Devi Palaniswami served as a Director of Kovai Medical Center & Hospital Ltd since July 29, 2000. During her tenure, she held a pivotal leadership role that greatly benefited the company. The Board and employees expressed deep sympathy and condolences to her family following the sudden passing.The organization confirmed that Dr. Palaniswami has ceased to be part of the Promoter of the Company due to this...

India-Nepal Digital Leap: Bhashini & Kathmandu University Launch Mission to Revolutionize Language AI for the Global South The Government of India and Nepal have solidified a critical technological partnership aimed at achieving digital inclusion across both nations. The Digital India BHASHINI Division (DIBD), under MeitY, signed a Memorandum of Understanding (MoU) with Kathmandu University's Centre for Digital Public Infrastructure & Artificial Intelligence (DPI-AI).The alliance establishes a framework dedicated to advancing Language AI and multilingual digital public infrastructure in the region. This initiative transcends mere technology collaboration; it is envisioned as a move to strengthen people-to-people connections and ensure...

Global LPG Crisis: Indian Households Secure Cooking Gas at World's Lowest Prices Despite Geopolitical Turmoil India continues to maintain cooking gas prices among the lowest globally, even as international energy costs soar following geopolitical disruptions. Domestic consumers are insulated from extreme volatility, thanks to targeted government support and strategic supply management, ensuring a steady flow of essential fuel despite global market stresses.Domestic Gas Pricing vs International Markets The price stability for Indian households stands in stark contrast to rising global commodity prices. While the cost of supplying an LPG cylinder has surpassed ₹1,600 following recent international benchmark increases, domestic consumers...

Udayshivakumar Infra Reports Profit of 1335.47 Lakhs for Quarter Ended March 31, 2026 Udayshivakumar Infra Limited has reported financial results for the quarter ended March 31, 2026, which includes a Net Profit from continuing operations amounting to 1,335.47 lakh. The company's audited statements demonstrate strong operational performance in line with applicable accounting standards.Financial Highlights and Performance The company's income statement details for the quarter ended March 31, 2026, show Total Income of 5,076.51 lakh, which included 4,804.71 lakh from revenue operations and 271.81 lakh from other income. Total expenses for the quarter stood at 3,472.27 lakh. This resulted in Profit/(Loss) before tax of 1,604.25 lakh...

Amber Enterprises Subsidiary Partners with Singularity to Launch Specialized Electronics Company Amber Enterprises India Limited, through its subsidiary IL JIN Electronics (India) Private Limited, has formed a new company dedicated to specialized electronics in collaboration with Singularity Des Electronics Private Limited. The incorporation of this entity marks a strategic move by the group into higher-value segments across medical, defense, and aerospace technologies.IL JIN Electronics (India) Private Limited collaborated with Mumbai based company Singularity Des Electronics Private Limited to incorporate ILJIN Technologies Private Limited on June 4, 2026. The purpose of this new entity is to serve as a dedicated platform for...

Udayshivakumar Infra Reports Strong EBITDA Growth in Q4, Eyes Funding Through Preferential Warrants Udayshivakumar Infra Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a significant surge in profitability during the latest quarter, underpinned by robust performance across key contracts. Furthermore, the Board of Directors approved a strategy to raise funds through the issuance of convertible warrants to members of the promoter group.The financial results highlighted strong operational momentum for Udayshivakumar Infra Limited. For the quarter ending March 31, 2026, the company recorded Revenue from Operations of INR 4,804.71 Lakhs. This figure represents a 1.35%...

Sheela Foam Limited Announces Cessation of Independent Directors' Tenure Sheela Foam Limited has announced that three Non-Executive Independent Directors have completed their second consecutive term of appointment with the company. Mr. Som Mittal, Mr. Ravindra Dhariwal, and Mr. Anil Tandon ceased to be Independent Directors as of June 06, 2026, upon completion of their respective terms of office.The cessation of these directors' positions also meant that their memberships and chairmanships on the Board Committees, where applicable, concluded effective from the close of business hours on June 06, 2026. The change in directorship signifies the completion of their two-year tenure as Independent Directors of Sheela Foam Limited.The...

India Pesticides Completes Board Transition as Promoter Directors Resign India Pesticides Limited (IPL) has completed a significant transition in its Board of Directors following the resignations of three key promoters, marking a shift toward a professionally managed and independently governed corporate structure.The changes were effective from the close of business on June 6, 2026. Mr. Anand Swarup Agarwal, Mr. Vishal Swarup Agarwal, and Mr. Vishwas Swarup Agarwal all tendered their resignations as Non-Executive Directors of the company. All three individuals held the Promoter Category within the board.The Board confirmed that these departures were part of an ongoing transition to strengthen corporate governance and move toward a...

Western Carriers Awarded 'Multimodal Logistics Excellence' for Integrated Transportation Solutions Western Carriers (India) Limited has been honored with the "Multimodal Logistics Excellence" award at the "Excellence in Motion - Redefining the Future of Logistics in India" conference and awards, organized by the Indian Chamber of Commerce (ICC). This accolade recognizes the company's significant contribution to the logistics sector through its integrated multimodal transportation solutions, operational capabilities, and customer-focused service offerings.The prestigious award affirms Western Carriers’ commitment to orchestrating dependable and efficient multimodal logistics solutions that span rail, road, air, and maritime transport...

Advanced Enzyme Technologies Increases Investment in Wholly Owned Subsidiary Advanced Nutrazyme Private Limited Advanced Enzyme Technologies Limited has completed an additional investment in its wholly owned subsidiary, Advanced Nutrazyme Private Limited (ANPL). The investment was made through a rights issue involving 2,50,000 Equity Shares of ₹ 10 each.The injection of capital by the company brings the total investment into ANPL to ₹ 3 million. This investment activity increased AETL’s holding in ANPL to 3,00,000 Equity Shares of ₹ 10 each.ADVENZYMES Stock Price Movement Shares of Advanced Enzyme Technologies Limited slipped on Friday, settling at ₹367.05 after shedding 2.52% in trading. The stock recorded a traded volume of...

Tata Motors Releases Business Responsibility and Sustainability Report for FY2025-26; Highlights DEI Goals and Climate Commitments Tata Motors Limited has published its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report provides detailed insights into the company's environmental, social, and governance (ESG) performance against defined objectives.The report details the operational scope of Tata Motors, which serves both national and international markets across various segments including vehicles and spare parts.Operational Scale and Business Mix Tata Motors has 7 plants and 35 offices nationally, with a presence in over 45 international countries. The company's business activities...

Coforge Limited Opens Fourth Public Library in Vasant Kunj, Bolstering Community Outreach in Delhi Coforge Limited, an AI-native engineering services leader, inaugurated The Coforge Public Library in Vasant Kunj, New Delhi, on Friday, June 5, 2026. This initiative marks the fourth public library established by the company across India, following locations previously opened in Noida, Gurugram, and Hyderabad.The launch of "The Coforge Public Library" was presided over by the Hon'ble Chief Minister of Delhi, Smt. Rekha Gupta, who attended alongside local community members, educationists, youth, and children.In commenting on the event, Smt. Rekha Gupta expressed appreciation for Coforge’s initiative, noting that the library is a...

Bank of Maharashtra Hosts 23rd Annual General Meeting to Discuss Financial Performance and Rs 7,500 Crore Capital Raise Proposal Bank of Maharashtra (BoM) is scheduled to hold its 23rd Annual General Meeting (AGM) on Tuesday, June 30, 2026. The meeting, which will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), includes crucial agenda items covering the bank's financial status, dividend declaration, and a proposal to raise up to ₹7,500 crore through various capital raising mechanisms.The AGM is set to transact both Ordinary Business and Special Business. The ordinary agenda includes discussing and adopting the Audited Balance Sheet and Profit & Loss Account for the year ended March 31, 2026, along with the...

Swarna Securities Ltd. Announces 36th Annual General Meeting and Shares Shift Focus to Real Estate Development Swarna Securities Ltd. has scheduled its 36th Annual General Meeting (AGM) on June 30, 2026. The AGM is set to take place at M Hotel in Vijayawada at 10:00 A.M., and it will be held to transact business as detailed in the notice of the meeting.The company provided a remote e-voting facility for its members, which can be utilized both prior to and during the AGM. The period for remote e-voting is open from Saturday, June 27, 2026 (9:00 A.M.) until Monday, June 29, 2026 (5:00 P.M.). Shareholders who have not exercised their voting rights via remote e-voting will be able to vote by polling paper or electronic means during the...

Meghmani Organics Holds NCLT Convened Meeting for Amalgamation of Subsidiary Companies Meghmani Organics Limited held a convened meeting of its members on Saturday, June 06, 2026, through Video Conferencing (VC) and Other Audio-visual Means (OAVM). The meeting was conducted to consider and approve the Scheme of Amalgamation involving two wholly owned subsidiaries with Meghmani Organics Limited.The amalgamation involves Kilburn Chemicals Limited (Transferor Company 1), Meghmani Crop Nutrition Limited (Transferor Company 2), and Meghmani Organics Limited (Transferee Company). The meeting was presided over by Dr. Ajar Rab, Advocate, who was appointed as Chairperson by the NCLT Ahmedabad bench, and Ms. Pavni, Advocate, who served as the...

Archidply Industries Completes Internal Restructuring via Scheme of Amalgamation Archidply Industries Limited has completed a significant internal restructuring following a Scheme of Amalgamation, which became effective on June 05, 2026. The transaction involved changes in the shareholding structure among promoter group companies.The scheme stipulated that the shares previously held by Ravi Marketing & Services Private Limited in Archidply Industries Limited vested into Assam Timber Products Private Limited. Similarly, the shares belonging to Vanraj Suppliers Private Limited were transferred and vested into Shree Shyam Tea Private Limited, as defined by the approved Scheme.Archidply stated that these transactions constitute an...

Gujarat Themis Biosyn Ltd Approves Dual Fundraising: Rs 1,000 Crores Target Through QIP and Preferential Allotment Gujarat Themis Biosyn Ltd has approved a dual fundraising strategy aimed at expanding its capital base. The company's Board of Directors sanctioned the raising of funds through Qualified Institutions Placement (QIP) and through the preferential allotment of equity shares to Non-Promoters.The approval allows Gujarat Themis Biosyn Ltd to raise up to Rs 1,000 Crores via QIP. This capital infusion will be utilized through public and/or private offerings of equity shares and/or other convertible securities. This issuance is subject to the requisite approval of the company's members and any other statutory requirements...

Scheme of Amalgamation Becomes Effective for Archidply Decor Limited; Share Holdings Restructure within Promoter Group The Scheme of Amalgamation concerning Archidply Decor Limited became effective on June 05, 2026. This action was finalized after the necessary documentation regarding the scheme sanctioned by the National Company Law Tribunal (NCLT) was filed with the Registrar of Companies.The implementation of the approved Scheme resulted in specific shifts in shareholding within the promoter group. The shares previously held by Ravi Marketing & Services Private Limited in Archidply Decor Limited vested into Assam Timber Products Private Limited. Concurrently, the shareholding held by Vanraj Suppliers Private Limited in Archidply...

Pearl Global Industries Announces Resignation of Whole-Time Director Mr. Shailesh Kumar Pearl Global Industries Ltd has announced that Mr. Shailesh Kumar, a Whole-Time Director of the company, has resigned from his position. The resignation is effective from the closure of business hours on June 06, 2026.The company confirmed that there are no material reasons for this change other than the reason stated by the director in his resignation letter. Mr. Kumar's decision to step down stems from a desire to pursue other growth opportunities outside of Pearl Global Industries Ltd.Details regarding the cessation of Mr. Shailesh Kumar from the board include:ParticularsDetailsNameMr. Shailesh KumarPositionWhole-Time DirectorDate...

Panth Infinity increases authorized capital, announces major share swap acquisition and preferential issue Panth Infinity Ltd., during a Board of Directors meeting held on Saturday, June 06, 2026, approved several significant corporate actions, including an increase in its Authorized Share Capital and the execution of a strategic acquisition through a share swap transaction. The company also approved a large-scale preferential allotment of equity shares.The Board determined that expanding into the agriculture sector would be a key strategic move for the company. This expansion is set to enhance long term growth potential, create operational synergies, and diversify Panth Infinity’s business portfolio.Capital Structure Expansion and...