Karachi: Ghandhara Automobiles Limited has announced plans for a significant expansion of its paint shop facilities, with an estimated investment of Rs. 2.3 billion. The announcement was made in a report dated September 17, 2026, highlighting the company's commitment to enhancing productivity and operational efficiency.

The expansion is set to introduce a Robotics Top Coal Line, aimed at improving paint quality and achieving greater cost efficiency. The project is scheduled for completion by the third quarter of the financial year 2026-27. According to information available from the Pakistan Stock Exchange (PSX), this development is a strategic move by the company to bolster its operational capabilities.

In compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of Pakistan Stock Exchange, Ghandhara Automobiles Limited has communicated its intentions to the relevant stakeholders. The company has assured that it will keep the Exchange and its shareholders informed of any further material developments as the expansion progresses.

The automotive sector, categorized under the designated market category, is poised to witness significant advancements with this development, reflecting Ghandhara Automobiles Limited's focus on innovation and efficiency in its operations.