Indian markets are buzzing with corporate developments as several prominent companies find themselves in the spotlight on Tuesday, June 10, 2026. From market debuts to court rulings and strategic acquisitions, investors are closely watching these movements.
Ex-Dividend Stocks
A number of companies are trading ex-dividend today. These include Infosys, Indian Bank, Tata Chemicals, Tata Elxsi, Tata Investment Corporation, and Seshasayee Paper and Boards. Additionally, shares of Gautam Exim will trade ex-date for bonus shares.
Market Debuts and Offerings
- CMR Green Technologies: The metal recycling firm is making its highly anticipated stock market debut today. The company successfully raised Rs 631 crore through its IPO, which was subscribed over 127 times between June 3-5, with shares priced at Rs 192 each.
- NLC India: The Government of India has opted to exercise the oversubscription option for an additional 1.38 crore shares (1% stake) in NLC India, on top of the initial 2% stake offer. The offer for sale is closing today.
Corporate Legal & Regulatory Updates
- HDFC Bank: The Bombay High Court has dismissed an interim application filed by the Lilavati Kirtilal Mehta Medical Trust. The trust had sought to prevent HDFC Bank and its MD & CEO, Sashidhar Jagdishan, from allegedly making defamatory remarks, as part of a Rs 1,000-crore defamation suit.
- Bharti Airtel: Following the Bombay High Court's decision to quash the Centre's one-time spectrum charge (OTSC) demands on telecom operators, Bharti Airtel has announced a significant financial relief exceeding Rs 10,500 crore.
Operational & Strategic Developments
- InterGlobe Aviation (IndiGo): State-owned fuel retailers have increased aviation turbine fuel (ATF) prices by approximately 10%, alongside introducing a new price stabilization mechanism. This hike, which raises ATF prices in Delhi to Rs 115 per litre from Rs 104.93, is expected to increase operating costs for airlines like IndiGo, given fuel’s substantial contribution to their expenditures.
- Welspun Corp: Welspun Mauritius Holdings (WMHL), a subsidiary of the metal pipe company, has divested a 4.5% equity stake in East Pipes Integrated Company for Industry (EPIC) in Saudi Arabia. The transaction, valued at SAR 283.46 million ($75.59 million), was made to identified financial investors. Post-divestment, Welspun Pipes Inc, USA, retains a 22% stake in EPIC.
- Dixon Technologies (India): The EMS company, through its subsidiary Dixon Electroconnect, has entered into a binding term sheet with Gemtek Technology to form a joint venture. Dixon will hold a 60% stake, with Gemtek holding 40%. The JV aims to manufacture and supply a diverse range of telecom products.
- Hinduja Global Solutions: The business services provider has launched Project GANGA, following an MoU signed in March 2026. This collaboration between the State Transformation Commission of Uttar Pradesh, OneOTT Intertainment (OIL), and HGS' broadband vertical aims to connect over 20 lakh homes in Uttar Pradesh with high-speed broadband over the next 2-3 years.
- Quality Power Electrical Equipments: The high-voltage power company has executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators, a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators.
Leadership Changes
Dredging Corporation of India: The company’s board has announced the appointment of Jasmeet Singh Bindra as an Additional Director and Chairman, effective June 9.