Cranex Ltd Secures ₹1.87 Cr Order from Eastern Railway

Cranex Ltd has announced receiving a Letter of Award (LOA) from Eastern Railway for the supply, installation, and commissioning of an 80-ton Traverser (Surface Type). The order is valued at approximately ₹1,87,44,300. The company is expected to deliver the products within the agreed timeline, with execution set for completion by May 25, 2027. This domestic order falls under the 'Manufacture and Supply' category. The promoter and promoter group have no interest in the awarding entity, and the transaction does not involve related parties.