Coromandel International Limited (COROMANDEL) — Announcement | 24 August 2026

· NSE Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Dhaksha Unmanned Systems inaugurated a new manufacturing facility in Kancheepuram.
💡 Investor Takeaway
The new facility enhances Dhaksha's drone manufacturing capacity and expands Coromandel's exposure to high-growth UAV sectors.

Coromandel International announced that its subsidiary Dhaksha Unmanned Systems inaugurated a new drone manufacturing facility in Kancheepuram, Tamil Nadu, to boost indigenous UAV capabilities across agriculture, defence and enterprise sectors. The facility includes two new agricultural drone models, DH Agrigator E10 Prime and DH Agrigator E10 Eco, supporting India's Namo Drone Didi programme and smallholder farmers. It also strengthens defence logistics and ecosystem collaboration.

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About Coromandel International Limited (COROMANDEL)

Chemicals · Fertilizers · Listed on NSE

Market Cap: ₹56,243.41 Cr P/E: 30.7 ROE: 14.2% ROCE: 21.0% Div Yield: 0.58%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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