GG Automotive Gears Limited provides an update on the restoration and rebuilding activities following the fire incident at its manufacturing facility on February 4, 2026. The company has made substantial progress in restoring manufacturing capabilities through installation and operationalization of replacement equipment and optimization of available manufacturing resources.
Production has now been restored to levels broadly comparable with those prevailing prior to the fire incident. The reconstruction of the affected manufacturing infrastructure is progressing simultaneously and is expected to be substantially completed during September 2026, subject to normal execution timelines.
The rebuilding program aims to enhance manufacturing capabilities beyond the pre-incident position. Additional advanced manufacturing equipment is presently under dispatch/implementation, which upon successful installation and commissioning is expected to augment the company's capabilities in the manufacture and precision grinding of large gears and higher-module applications. This enhancement will enable the company to address a wider range of products and end-user requirements.
The company continues to focus on normalizing operations, servicing its existing order book, and pursuing opportunities across its key end-user industries.
The final assessment and settlement of the insurance claim relating to the fire incident remains under process. The company has previously informed the Stock Exchange regarding interim insurance proceeds received and will continue to make appropriate disclosures upon further material developments.