Cranex Limited has announced the successful receipt of multiple Letters of Awards (LOA) and Purchase Orders for new business. These orders, related to Goods, Supply, Commissioning, and Testing of EOT Cranes, collectively amount to approximately ₹12,93,31,424/-. The details of these significant new contracts, including the entities awarding them and their respective values, have been provided as per SEBI regulations.
Cranex Limited Secures New Orders
Cranex Limited has officially disclosed the acquisition of new business through a series of Letters of Awards (LOA) and Purchase Orders. These new contracts are set to bolster the company’s order book and contribute to future revenue streams. The aggregate value of these new orders is approximately ₹12,93,31,424/-. The scope of these orders encompasses the supply, commissioning, and testing of EOT Cranes.
Details of New Contracts
The company has provided detailed information regarding the entities that have awarded these contracts. Key details include:
Godawari Power & Ispat Limited
- Nature of Order: Supply of one EOT Crane 15MT with Grabe Bucket.
- Value: Approximately ₹4,93,24,000/-.
- Execution Timeline: To be executed by 30th January, 2027.
M/S Tarkeswar Enterprise
- Nature of Order: Supply of two units of CT Gear Box VC 280 for 5T EOT Crane.
- Value: Approximately ₹5,07,424/-.
- Execution Timeline: To be executed by 22nd January, 2027.
M/s Larsen & Toubro Ltd
- Nature of Order: Supply of two nos. of Electric Overhead Traveling (EOT) Cranes for TG Hall A/c Torrent Anuppur project.
- Value: Approximately ₹7,95,00,000/-.
- Execution Timeline: To be executed by 22nd June, 2027.
All contracts are awarded by domestic entities and are expected to be delivered within the agreed timelines. The company has confirmed that there are no promoter interests or related party transactions involved in these awards that are not conducted at arm’s length.
Source: BSE
