Nestle India and IndusInd Bank will be replaced in the 30-share Sensex by Trent, owned by the Tata Group, and Bharat Electronics, a state-owned company, according to a Thursday announcement from the BSE’s benchmark and market intelligence division Asia Index. According to a statement from the BSE, the modifications will take effect on June 23 when trading begins.

As part of the restructure, private sector lender IndusInd Bank and FMCG giant Nestle India will leave the Sensex, while Trent and Bharat Electronics will be added to the benchmark index. Other index modifications were also announced by the exchange as part of the larger reorganization.

According to the exchange, Bharat Forge, Dabur India, and Siemens Ltd. would be dropped from the BSE 100 index, while Dixon Technologies (India), Coforge, and Indus Tower will be added. Britannia Industries and Hero MotoCorp will be replaced by InterGlobe Aviation and Sriram Finance, which run India’s biggest airline, IndiGo, in the BSE Sensex 50 index.

The BSE Sensex Next 50 Index will also contain Hero MotoCorp, Dixon Technologies (India), Britannia Industries, Coforge, and Indus Tower. Siemens, Dabur India, Bharat Forge, Sriram Finance, and InterGlobe Aviation will all be eliminated from the BSE Sensex Next.

Additionally, it said that Canara Bank would be replaced by IDFC First Bank on the BSE Bankex benchmark.