Enclosed herewith is the Press Release dated 31st October, 2026, on the receipt of Letter of Award (LOA) and Purchase Orders aggregating to approximately Rs. 12.88 Crores for the manufacturing and supply of various EOT Cranes.

Dated: 31st October, 2026 BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Through: BSE Listing Centre Scrip Code: 522001 ISIN: INE608B01010 Dear Sir/Ma’am, Subject: Press Release on receipt of Letters of Award (LOA) and Purchase Order Ref: Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release dated 31st October, 2026, on the receipt of Letter of Award (LOA) and Purchase Order aggregating to approximately Rs. 12.88 Crores for the manufacturing and supply of various EOT Cranes. You are requested to take the same on your record. Thanking you. Yours faithfully, For Cranex Limited Heena Sharma Company Secretary and Compliance Officer Encl: as above CRANEX LIMITED PRESS RELEASE CRANEX LIMITED RECEIVES LETTER OF AWARD (LOA) AND PURCHASE ORDERS (PO) FOR WORTH ₹12.88 CRORES; New Delhi, 31st October, 2026– Cranex Limited (BSE Listed Company, Scrip Id – 522001) is pleased to announce that it has received Letter of Award (LOA) and Purchase Order from two reputed customers, namely Larsen & Toubro Ltd and Godawari Power & Ispat Limited, for orders aggregating to approximately ₹12.88 Crores. The receipt of the LOA and PO from Larsen & Toubro Ltd and Godawari Power & Ispat Limited marks an important milestone in the Company’s growth journey. The orders reflect the strong confidence of reputed organizations in the Company’s capabilities, innovative product offerings, execution expertise, and proven ability to deliver quality solutions in line with customer requirements. The awarded orders will further strengthen the Company’s order book and support its business growth. The Company will proceed with the execution of the orders in accordance with the terms and conditions stipulated in the respective LOA and PO, with a focus on timely and efficient completion of the contracted scope. KEY ORDERS RECEIVED: LARSEN & TOUBRO LTD:  Letter of Award for Supply of 2 (Two) Nos. of Electric Overhead Traveling (EOT) Cranes for TG Hall A/c Torrent Anuppur project.  Order Value: ₹7.95 Crores (approx.) GODAWARI POWER & ISPAT LIMITED:  Purchase Order for EOT Crane 15MT with Grabe Bucket  Order Value: ₹4.93 Crores (approx.). MANAGEMENT COMMENTARY: We are delighted to announce the securing of new orders from Larsen & Toubro Ltd and Godawari Power & Ispat Limited, reflecting the continued confidence our customers place in our expertise, product quality and execution capabilities. The repeat orders from our existing customers demonstrate the strength of our business relationships and their continued satisfaction with the solutions and services we deliver. These order wins provide further momentum to our business growth and strengthen our order pipeline, while supporting our efforts to broaden our market reach and enhance our operational capabilities. We will continue to focus on timely and efficient execution, maintaining high standards of quality and service, and building sustainable business relationships. We remain committed to pursuing growth opportunities and delivering long- term value to all our stakeholders. ABOUT CRANEX LIMITED: Established in 1973, Cranex Limited is a leading Indian manufacturer of EOT Cranes, Gantry Cranes, and material handling equipment. With over 53 years of industry experience, the Company has built a strong reputation for delivering reliable and customized lifting solutions across the power, railway, defence, infrastructure and heavy engineering sectors. The Company is an approved vendor with several reputed organizations, including Bharat Heavy Electricals Limited, NTPC Limited, NHPC Limited, Delhi Metro Rail Corporation, Mumbai Metropolitan Region Development Authority, Indian Railways, Hindustan Aeronautics Limited, Larsen & Toubro Limited, Indian Space Research Organisation/Vikram Sarabhai Space Centre, Vedanta Aluminium, Nuclear Power Corporation of India Limited, BEML Limited, Bharat Electronics Limited (BEL), Military Engineer Services (MES) across India, and Armoured Vehicles Nigam Limited (formerly part of the Ordnance Factory system). These approvals not only validate the Company's manufacturing capabilities and quality assurance systems but also provide access to recurring procurement opportunities and participation in mission-critical projects across infrastructure, energy, transportation, defence, aerospace, nuclear and industrial sectors, thereby supporting sustainable business growth and long-term revenue visibility. Cranex is among the few Indian crane manufacturers with the capability to manufacture cranes with lifting capacities of up to 200 tonnes and has successfully executed projects for several prestigious public and private sector organizations across India.