Cranex Bags ₹5.84 Cr Order from Dee Vee Projects Limited
Cranex Ltd received a ₹5.84 Crore purchase order from Dee Vee Projects Limited for six materials handling systems. Delivery and commissioning are due by 17 May 2027.
Cranex Bags ₹7.18 Cr Order from BHEL Chanjuji; DEE VEE Projects Limited
Cranex Ltd received new orders worth ₹7.18 Cr from BHEL Chanjuji and DEE VEE Projects for crane and material-handling supplies. Delivery timelines extend to May 2027.
Value
₹7.18 Cr
From
BHEL Chanjuji; DEE VEE Projects Limited
Execution
By 14 Feb 2027 (BHEL) and by 17 May 2027 (DEE VEE)
Cranex Limited submitted its Annual Report for the financial year 2025-26, including the notice of its 51st Annual General Meeting scheduled for September 29, 2026.
Cranex Limited received a Letter of Award from Eastern Railway for the supply and installation of an 80 TON Traverser. The order is valued at ₹1.87 Crore.
Cranex Limited secured a Rs. 1.02 Crore order from North Central Railway, Jhansi. The contract involves manufacturing and supplying a 50T EOT Crane by February 2028.
Cranex Limited filed a statement confirming no deviation or variation in the utilization of funds raised through the conversion of convertible warrants for the quarter ended June 2026.
Cranex Limited will hold a board meeting on August 13, 2026. The board will consider and approve unaudited financial results for the quarter ended June 30, 2026.
Cranex Limited secured an order worth ₹5.16 Crore from NHPC Limited for the upgradation and refurbishment of two EOT cranes. Execution is expected by January 2027.
Cranex Limited received a Rs. 10.87 Crore order from BHEL PEM for the manufacturing and supply of D/G EOT cranes. This strengthens the company's order book.
Cranex Ltd has filed its quarterly shareholding pattern disclosure as per SEBI regulations. This filing details the distribution of shareholding among promoters and the public.
Cranex Ltd received BSE trading approval for 14.5 lakh equity shares. These shares were issued via preferential allotment following warrant conversion.
Cranex Limited reported audited financial results for the year ended March 31, 2026. Standalone net profit reached ₹2.41 Crore, demonstrating stable year-on-year performance.
Cranex Ltd reported standalone annual total income of ₹55.92 Crore for FY26. The board approved results despite auditors issuing a modified opinion on inventory and PPE records.
Cranex Ltd submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall regulatory compliance.
Cranex Limited granted an inter-corporate demand loan of ₹3 Crore to Kalyan Capitals Limited. The loan carries a 9% annual interest rate secured by equity shares.
Cranex Ltd scheduled a board meeting on May 29, 2026, to approve audited financial results. The trading window remains closed until 48 hours after declaration.
Cranex Limited reconstituted its Stakeholders Relationship and Internal Complaint Committees. These administrative changes ensure corporate governance compliance and committee effectiveness for the company.
Securocrop Securities India Pvt Ltd and PAC Sangeeta Pareek acquired 4,90,000 equity shares (7.46% stake) in Cranex Limited upon the conversion of warrants on April 24, 2026. This conversion increases the target company's paid-up equity capital to Rs. 8.02 Crore. The transaction represents a significant stake increase by the non-promoter group.
Cranex Ltd has allotted 4,90,000 equity shares following the conversion of warrants by Sangeeta Pareekh and Securocrop Securities India Private Limited. This conversion increases the company's paid-up equity capital from Rs. 6.57 Crore to Rs. 8.02 Crore, representing a significant capital structure update.
Cranex Limited announced the forfeiture of 7,60,000 convertible warrants as the allottees failed to exercise their conversion option within the stipulated 18-month period ending April 24, 2026. Consequently, the 25% initial subscription amount paid on these warrants stands forfeited as per SEBI regulations.
Cranex Ltd allotted 14,50,000 equity shares worth ₹11.09 Crore upon conversion of warrants at ₹102 per share. Consequently, the company's paid-up capital increased to ₹8.02 Crore. Additionally, 7,60,000 warrants were forfeited due to non-exercise within the 18-month conversion period.
Cranex Limited has secured multiple domestic purchase orders worth ₹6.30 Crore from major clients including BHEL, Vedanta, and BEL Bangalore. The orders involve manufacturing and supplying EOT cranes, hoists, and components, with execution timelines extending through April 2027. This highlights the company's strong operational resilience and continued order inflow despite challenging market conditions.
Value
₹6.30 Cr
Execution
Varies by order; latest deadline is 3rd April, 2027