Gajra Bevel Gears

Gajra Bevel Gears is an Indian public limited company established to design and manufacture automotive components like gears and gear boxes for the automobile industry. However, due to long-term financial sickness and accumulated losses that have completely eroded its net worth, the company's operations have been shut down since 2006. The company's primary products include automotive differential gears, such as crown wheel and pinion spider kit assemblies, used in various types of automobiles. Currently, the company is not operational and its plants are closed due to a lack of working capital and it is undergoing a Corporate Insolvency Resolution Process (CIRP). This insolvency process was initiated in June 2020 by a financial creditor, and a Resolution Professional has been appointed to manage its affairs and seek a revival plan. For the financial year, the company reported a net loss of ₹14.31 lakhs and its total revenue from other income was just ₹0.43 lakhs, with no sales from operations.;