Ahead of Tuesday's trading session on June 23, 2026, several prominent Indian companies are set to capture investor attention with significant corporate announcements and strategic developments. From defence contracts and infrastructure projects to green energy initiatives and technology investments, these updates highlight key movements across various sectors.
Craftsman Automation Promoter Stake Sale
Craftsman Automation is in the spotlight as promoter Srinivasan Ravi is reportedly planning to divest up to a 2.01 percent stake in the automotive and engineering firm. The sale, expected through block deals, is anticipated at a floor price of Rs 925 per share, potentially valuing the transaction at around Rs 484 crore, according to media reports.
JSW Infrastructure Launches QIP
JSW Infrastructure, a key player in the JSW Group, initiated its Qualified Institutional Placement (QIP) issue on June 22, 2026. The floor price for the QIP has been set at Rs 290.35 per share. The offering comprises both a fresh issue of equity shares and an offer-for-sale by the Sajjan Jindal Family Trust, aiming to raise capital from institutional investors.
Vodafone Idea Board Approves Warrant Allotment
The board of Vodafone Idea has given its approval for the allotment of 430 crore warrants to Suryaja Investments Pte, an entity associated with the Aditya Birla Group and a promoter. These warrants, issued for cash at a price of Rs 11 per warrant, require an upfront payment of 25 percent (Rs 2.75 per warrant), totaling Rs 1,182.50 crore. Each warrant is convertible into one fully paid-up equity share within 18 months from the allotment date.
Bharat Electronics Secures Major Orders
State-run defence giant Bharat Electronics (BEL) has announced securing additional orders worth Rs 1,081 crore since May 25, 2026. These significant contracts encompass a diverse range of defence equipment and services, including communication systems, advanced radars, CBRN (Chemical, Biological, Radiological, and Nuclear) protection systems, seekers, avionics, as well as crucial upgrades, spares, and maintenance services, reinforcing its position in the defence sector.
Hindustan Zinc Explores Green Hydrogen Initiatives
Hindustan Zinc, a leading metal mining company, has entered into a Memorandum of Understanding (MoU) with Advantek Associates LLP and Aero Eagle Automobiles. This strategic partnership aims to explore and implement green hydrogen and other alternative clean energy solutions across its extensive operations. Notably, Hindustan Zinc is poised to become a pioneer in deploying hydrogen fuel specifically for underground mining applications, marking a significant step towards sustainable mining practices.
Info Edge's Strategic Investments in AI & Deeptech
Info Edge (India), recognized for its IT and allied services, has made substantial investments totaling Rs 1,003 crore across 54 AI and deeptech startups since 2020. The company's portfolio includes Rs 614 crore invested in 28 AI startups, which are now valued at Rs 1,268 crore, reflecting a 2.1 times multiple and a gross Internal Rate of Return (IRR) of approximately 31 percent. Furthermore, Info Edge has allocated Rs 455 crore to 30 deeptech companies, with their current valuation standing at Rs 559 crore, underscoring its commitment to fostering innovation in emerging technologies.
Other Companies Making Headlines
- Apar Industries: Its subsidiary, Apar Industries Middle East, KSA, has signed an agreement with Saudi Aramco Base Oil Company to supply base oils within the lubeHub Value Park in Yanbu.
- Lemon Tree Hotels: The hospitality chain announced the signing of a new property, Lemon Tree Hotel, Janakpur, located in Nepal. This hotel will be managed by its subsidiary, Carnation Hotels.
- Yash Highvoltage: The EPC and capital goods firm received approval for a fundraise of up to Rs 151 crore through a preferential issue. The funds are earmarked for expanding its Resin-Impregnated Paper (RIP) bushing manufacturing facility to cater to the 550 kV category, up from the previously envisaged 245 kV range.
- Birla Corporation: The cement manufacturer reported that its Bikram Coal Mine, situated in Burhar, Shahdol district of Madhya Pradesh, commenced commercial production of coal effective June 22, 2026.
- Knowledge Marine & Engineering Works: The company's board of directors is scheduled to convene on June 26 to deliberate on raising funds through the issuance of securities and to approve a notice for an Extraordinary General Meeting (EGM) to seek shareholder consent for the proposed fundraise.
- DEE Development Engineers: Its wholly owned subsidiary, DEE Fabricom India, secured a significant order valued at Rs 64 crore (inclusive of GST) for the supply of Windmill towers. The order is to be completed within a 24-month timeframe.
- GHV Infra Projects: The infrastructure company has been awarded a work order from GHV (India) totaling nearly Rs 213 crore, including GST. This comprehensive order covers various segments including civil, electrical, mechanical, and signal & telecom works.
These developments highlight a dynamic period for Indian equities, with companies across diverse sectors announcing key strategic initiatives, significant orders, and fundraising efforts that are likely to influence market sentiment as trading commences on Tuesday, June 23, 2026.