Glen Industries Ltd — Important, 30-06-2026: Company Update

Glen Industries announced a revised timeline for its project's commercial production, now expected by Q3 FY 2026–27. This extension, from the previously announced Q2 FY 2026-27, is primarily due to delays in obtaining regulatory approvals for building plans and power supply, impacted by elections and administrative issues. Despite these setbacks, the company has completed land conversion and site preparation, secured key environmental and fire safety approvals, awarded contracts for the Pre-Engineered Building structure, and placed orders for most plant and machinery, indicating significant progress.