Gokak Textiles Ltd — Important, 22-08-2025: Company Update

Gokak Textiles reports a significant operational disruption at its Solar Power Plant due to the failure of a 25 MVA power transformer. This incident has affected 50% (20 MW) of the plant's 40 MW installed capacity. The company is currently assessing the full extent of the damages. The transformer damage is adequately covered by insurance, which includes a comprehensive policy for material damage up to Rs. 313.17 crore and business interruption up to Rs. 38.36 crore. While operations are impacted, the insurance coverage helps mitigate financial risk for shareholders.