Coromandel International invests ₹150 crore in Dhaksha Unmanned Systems, raising stake to 58%.

Coromandel International Limited is investing ₹150 crore in Chennai-based drone manufacturer Dhaksha Unmanned Systems, increasing its stake by 7% and taking its shareholding to 58%. The proceeds will help Dhaksha strengthen R&D efforts, cater to large orders, and meet working capital needs. This aligns with Coromandel's vision to diversify in technology spaces and promote technology adoption across various sectors.

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