CRANEX LTD.

Cranex Ltd has announced receiving a Letter of Award (LOA) from NHPC LIMITED for the upgradation and refurbishment of two 190/30/10 MT Electric Overhead Traveling (EOT) Cranes at their Chamera Power Station Stage-I. The total value of this domestic order is approximately ₹5,16,40,000. The company is expected to execute this contract by January 14, 2027. This award signifies new business for Cranex Ltd in the power sector infrastructure maintenance and upgrade segment.

Cranex Ltd has announced receiving a Letter of Award (LOA) for a new order valued at approximately ₹10,87,02,270. The order is for the manufacturing and supply of D/G EOT CRANES above 100T. The order has been awarded by BHEL PEM - SUNNI DAM HYDRO ELECTRIC PROJECT and is classified as a domestic contract. The company is expected to execute this order within the agreed timeline, with a completion date of April 12, 2027. This award signifies a significant business development for Cranex Ltd in its core manufacturing segment.

Cranex Ltd has announced the closure of its trading window for all directors, designated persons, and their immediate relatives. This closure is in accordance with the company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain shut from July 1, 2026, until 48 hours after the declaration of the un-audited financial results for the first quarter ended June 30, 2026. The date for the board meeting to approve these financial results will be communicated separately.

Cranex Ltd has received trading approval from BSE Limited for 14,50,000 equity shares of Rs. 10/- each, issued at a premium of Rs. 92/-. These shares, with distinctive numbers from 6570001 to 8020000, were issued on a preferential basis to Promoters and Non-Promoters upon conversion of warrants. The approval is pursuant to SEBI Listing Regulations. Trading of these shares will be effective from Monday, June 29, 2026. The BSE has issued a notice regarding this listing.

Cranex Limited announced on June 23, 2026, the receipt of fresh orders totaling approximately ₹18.52 crores for manufacturing and supplying EOT Cranes and related products. Key orders include contracts from Bharat Heavy Electricals Limited (BHEL) for thermal power projects and from Indian Railways. These new orders push the company's total order book past the ₹100 crore milestone. The company highlighted existing orders from BEML and defense sector organizations, indicating strong revenue visibility across infrastructure, railway, power, and defense sectors. Management expressed delight and confidence in the company's capabilities.

Cranex Ltd announced it has received fresh orders aggregating approximately ₹18,52,38,040 for manufacturing and supply of EOT Cranes and related products. Key orders include those from BHEL and Indian Railways for workshop infrastructure and railway projects, respectively. The company's existing order book also features orders from BEML for railway projects, including the Vande Bharat program, and defence sector projects. With these new orders, Cranex Ltd's total order book has now surpassed ₹100 Crores. The filing details specific purchase orders from BHEL-YamunaNagar and BHEL-Mahagenco Koradi, as well as from Eastern Railway and Indian Railways (Banaras Locomotive Works, Varanasi), outlining their values and execution timelines.

Cranex Ltd has announced its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 29, 2026. The Independent Auditors' Report includes a qualified opinion due to issues such as the unavailability of the PPE register, pending confirmations of trade receivables and payables, and the measurement of financial assets and liabilities.

Cranex Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its meeting on May 29, 2026. The board meeting commenced at 3:00 P.M. and concluded at 4:30 P.M. The results and Independent Auditors’ Report are available on the company's website. The auditor's report includes a qualified opinion due to issues with PPE register verification, trade receivable/payable confirmations, fair value measurement of financial assets/liabilities, and inventory register verification.

Cranex Limited has entered into a loan agreement with M/s. Kalyan Capitals Limited, granting an inter-corporate loan of up to ₹3,00,00,000. The loan carries an interest rate of 9% per annum and is repayable on demand. Kalyan Capitals Limited will provide listed equity shares as security against the loan. The agreement was executed on May 21, 2026.

Cranex Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the fourth quarter and year ended March 31, 2026. The trading window remains closed until 48 hours after the declaration of the results.