Cranex Limited: Secures ₹7.17 Crore in New Orders

Cranex Limited has announced the receipt of new orders totaling approximately ₹7,17,78,560/- for the manufacturing and supply of various products. These orders were awarded by BHEL Chanjuji and DEE VEE Projects Limited. The details of the orders, including their scope, consideration, and execution timelines, are provided in an annexure to the disclosure. This development signifies ongoing business momentum for the company.

New Orders Boost Business Activity

Cranex Limited has officially disclosed the acquisition of new orders that significantly contribute to its ongoing business operations. The company has received new orders aggregating to approximately ₹7,17,78,560/- for the manufacturing and supply of various products. This announcement highlights the company’s continued success in securing contracts within its operational domain.

Order Details and Scope

The disclosure provides specific details regarding two key orders. One order, received from BHEL Chanjuji, is for the supply of a Double Girder EOT Crane package, valued at approximately INR 1,33,42,600/-, with delivery expected by 14th February 2027. Another substantial order comes from DEE VEE Projects Limited for the supply of a Materials handling system, including Cranes, Hoist & yoke, along with mandatory spares and erection & commissioning. This order is valued at approximately INR 5,84,35,960/- and is slated for execution by 17th May 2027. Both orders are for domestic entities.

Company Outlook

These new orders underscore Cranex Limited’s capacity to secure significant business, contributing positively to its order book and future revenue streams. The company continues to operate within the manufacturing and supply sector, catering to the needs of key industrial players.

Source: BSE

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