Competent Automobiles Company Ltd — Important, 06-09-2025: Company Update

Competent Automobiles reported its Bahadurgarh stockyard experienced significant water logging due to heavy rain and a drain breakage. This incident has unfortunately damaged vehicles parked there. The company is actively working to assess the precise extent of the loss. Crucially, the stockyard and all affected vehicles are protected by comprehensive insurance coverage, and the company has already notified its insurance provider. This situation highlights an operational disruption, but the financial impact is expected to be mitigated due to the robust insurance in place.