I'm willing to bet it would be sooner than that. Basically what they're saying is that they would launch by end of Q3 FY26, which can mean any point from now until that March 31, 2026 date.
Sazgar have also almost always been ahead of the timelines they've given.
The real interesting question would be how would they price the Tank 500? The current CBU model is about PKR 45 million and it carries massive duties. But it's also not a top of the line variant, which is something Sazgar tends to do for CKD units.
Tank 500 has also had 3 variants in it's PHEV drivetrain as well. There's the regular Hi4, Hi4-T which is better for off-roading, and Hi4-Z which is better for range and performance. And it also just received a facelift in China in August, adding a Lidar unit for the upgraded Coffee Pilot System typically only reserved for the WEY branded vehicles. I don't expect the Lidar to come to international markets though because Chinese manufacturers have mostly stripped that for international models.