Cranes Software gets trading approval for 4 Cr preferential shares

Cranes Software International Ltd received trading approval from the Exchange on April 27, 2026, for 4,00,00,000 equity shares. These shares were issued to Mr. Asif Khader, a Promoter Director, at ₹4.57 each (face value ₹2, premium ₹2.57) following the conversion of warrants. The warrants were allotted in a Board Meeting on June 11, 2024, based on an in-principle approval from May 28, 2024. The equity shares were allotted on December 9, 2025, and the company applied for listing and trading approval in January and April 2026, respectively. The shares are effective for trading from April 28, 2026.