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Cranex informs about award of order

Pursuant to Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant amendment thereto from time to time, Cranex has informed that the Company has received a prestigious order for the manufacture and supply of a 220/80 Ton Double Girder Electric Overhead Travelling (EOT) Crane. This order represents a historic milestone for the Company, as it is the first time in the Company’s 53-year history that it has secured an order for the manufacturing of a crane of such high lifting capacity. The receipt of this order demonstrates the strong confidence of customers in the Company’s engineering excellence, manufacturing capabilities, and technological expertise in the heavy-duty crane segment. This achievement further strengthens the Company’s position in the high-capacity industrial crane market and marks a significant step toward expanding its presence in advanced and heavy-duty lifting solutions. The management believes that this development will contribute positively to the Company’s growth trajectory and long-term value creation. Further to above, the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 are enclosed as an Annexure 1.

The above information is a part of company’s filings submitted to BSE.