Borosil Renewables Ltd informs that its subsidiary GMB Glasmanufaktur Brandenburg GmbH filed for insolvency on July 4, 2025, due to ongoing market challenges and lack of demand, leading to heavy ongoing losses; the company will not account for further losses after this date. As of March 31, 2025, Borosil's exposure to GMB is Eur 35.30 million, and this insolvency process will allow a reallocation of focus to its Indian operations.