Please find attached herewith the voting results under regulation 44 of SEBI (LODR) Regulation, 2015 and Scrutinizer Report dated 30.09.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cranex Limited held its 50th Annual General Meeting on 29th September 2025 via video conferencing, where all five resolutions were passed with overwhelming majority. The resolutions included adoption of standalone and consolidated audited financial statements for FY ending 31st March 2025 (99.32% in favour), re-appointment of Mr. Chaitanya Agrawal as director (99.28% in favour, promoter group was interested and abstained), regularisation of Mr. Avinash Prabhat as Independent Director for five years (99.32% in favour), approval to increase the company's borrowing limit under Section 180(1)(c) (99.32% in favour), and approval to create mortgage or charge on the company's assets (99.32% in favour). A total of 3,237,320 shares were voted, with promoters unanimously supporting all resolutions and 106 members participating in the e-voting process.
All five resolutions passed with near-unanimous support (~99.3% in favour), showing strong shareholder consensus on routine governance matters. The approval to raise the borrowing limit under Section 180(1)(c) is the most material item, giving the board flexibility to take on more debt for future growth, which could benefit expansion plans but also increases leverage and financial risk for shareholders.