Pursuant to Regulation 30 and other applicable regulation of SEBI (LODR) Regulations, 2015 and other relevant amendment thereto from time to time, we would like to inform you that the Company ....
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Cranex Ltd has received a Purchase Order from ICF Chennai (Integral Coach Factory - a government entity under Indian Railways) for manufacturing and supplying a 40T EOT Crane with Lifting Tackle. The order value is Rs. 1,99,73,860 (approximately Rs. 2 crore). The products are to be delivered by 30th January, 2027. This is a domestic order with standard terms related to quality, delivery schedule, and pricing. The company confirmed that no promoter or related party has any interest in this transaction.
This order represents a new business win for Cranex from a government customer. The ~Rs. 2 crore order provides revenue visibility ahead, though the actual impact on stock will depend on the company's total revenue base and execution capabilities.