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This Rs 13,500 crore defence stock is splitting. A new space company emerges

Posted on June 7, 2026
By Financial Express
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1 min read

This Rs 13,500 crore defence stock is splitting. A new space company emerges

Unlike standard distressed corporate spin-offs, this company is executing a structural demerger from a position of financial strength. By carving out its high-growth Space, Meteorology, and Hydrology verticals.