Login with Dealer ID or Email ID or Mobile No. Coromandel will invest Rs 150 crore through fresh issue of shares to increase its overall shareholding in Dhaksha to 58% . Post completion of the above transactions, the Company, through its wholly owned subsidiary, Coromandel Technology Limited, will hold 51.02% equity stake in Dhaksha, a leading drone manufacturing company. Chennai, August 07, 2023: Coromandel International’s subsidiary, Dhaksha Unmanned Systems, a leading Indian drone manufacturer, has bagged an order to supply 200 medium altitude logistics drones and accessories to the Indian Army. Recently, Dhaksha has also bagged a 400-drone contract from agri inputs cooperative IFFCO for supply of agri-spraying drones. These are planned to be delivered over the course of next 12 months. Dhaksha’s orders for the current year have exceeded 165 crores ...

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