HCLTECH

Stock Focus Corporate News (June 16, 2026)

– To invest ₹1,427.25 Cr for a 10.46% minority stake in Axonwise Pvt Ltd (Sarvam AI) via all‑cash deal, boosting sovereign AI capabilities and R&D. – Government launched OFS to dilute up to 5% stake (base 2% + additional 3%); bidding opens today. DEVYANI & SAPPHIRE – Received observation letters from NSE & BSE for proposed merger scheme. – Ex‑date today for final dividend of ₹5.50 per share. – Key ex‑date for stock split/bonus corporate actions; record date impact today. Oil Marketing Companies ( , , !HPCL ) – In sharp focus on sustained lower crude oil prices post US–Iran deal. OIL – Business updates and agreements highlighted from June 15 filings. – Disclosure filed on acquisition‑related matters on June 15. – Continued traction on reports of major luxury housing project investments in Gurugram. Defence & PSUs ($BEL and peers) – Ongoing interest amid strong order pipelines and government push. CRAFTSMAN & DHANBANK – Also in stocks‑to‑watch lists for specific corporate developments.