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    COROMANDEL — Coromandel International News Story

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    Brief: Coromandel International Increases Stake In Drone Company Dhaksha

    Picture of Coromandel International logoCoromandel International
    13/05/2024 13:50
    May 13 (Reuters) - Coromandel International Ltd
 CORF.NS :
    * INCREASES STAKE IN DRONE COMPANY DHAKSHA
    * INVESTS 1.5 BILLION RUPEES TO SUPPORT RESEARCH & EXPANSION
PROJECTS
    * ACQUIRES ADDITIONAL 7% STAKE IN DHAKSHA UNMANNED SYSTEMS
    * CO WILL INVEST 1.5 BILLION RUPEES THROUGH FRESH ISSUE OF
SHARES
TO INCREASE ITS OVERALL SHAREHOLDING IN DHAKSHA TO 58%

Source text for Eikon:  ID:nBSEb4wZ66 
Further company coverage:  CORF.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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