BSECompany Update6d ago · 13 Aug 2026, 06:22 pm

Please find the attached Statement of Deviation or Variation for the Quarter ended on 30th June, 2026.

Cranex Ltd · 522001

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Cranex Ltd has submitted a Statement of Deviation or Variation for the quarter ended June 30th, 2026, under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirms that there is no deviation or variation in the utilisation of funds raised through Conversion of Convertible Warrants. However, the company has deviated from the original allocation of funds for business expansion, working capital, and general corporate purposes.

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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Cranex Ltd - 522001 - Statement Of Deviation Or Variation For The Quarter Ended On June 30Th, 2026

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Date: 13th August, 2026 The Secretary Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Ref. Scrip Code: 522001 ISIN: INE608B01010 Sub.: Statement of deviation or variation for the quarter ended on June 30th, 2026 Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please find enclosed herewith the Statement of Deviation(s) or Variation(s) in respect of utilization of funds raised through Conversion of Convertible Warrants for the quarter ended June 30th, 2026. Further, we hereby confirm that there is no deviation or variation in the utilisation of funds raised through Conversion of Convertible Warrants. We request you to take the same on record. Thanking you. Yours faithfully, For Cranex Limited Heena Sharma Company Secretary and Compliance Officer Encl: as above CFRAI\I E GBANEX LIIVI|TEII clN - L74899DLl 973PLC006503 Regd.Off.:9, D,D,A. Market, Katwaria Sarai, Opposite Qutab Hofcrl, New Delhi-11O016 Works : 5711 , Site-lY Industrial Area, Sahibabad-z01 01O, Distt. Ghaziabad (U-P.) Ph.: 0120-4333427,416762a Fax i 91-12O4167630 lA/ebsite : www.cranexltd.com Emall : cranexl(@yahoe.com. info@cranexltd.com Statement of Deviation / Variation in utilisation of funds rnised Name of listed entitv Cranex Limited Mode of Fund Rnising @ Prel'ererrtial Issue / QIPf e+h€r$ Date of Raisins Funds 24n Aoril- 2026 Amount Raisetl Rs I 1,09,25,000/- Renort filed for Ouarter ended .Iune 30rh. 2026 Monitoring Ascncv Not Applicable Monitoring Agencv Name, if applicable Not Aoolicable ls there a Deviation / Variation in use of funds No raised If I'cs, rvhether the same is pursuant to change Not Applicable in terms of a contract or objects, rvhich was annroved bv tbe shareholders If Yes, Dnte of sharcholder ApDroval Not Applicable Explanation for the Deviation / Variation Not Aoulicable Comments of the Audit Committee after review No Comments Commcnts of the auditors. if anv No Comments Objects for rvhich funds have been raised and rvhere there has been a deviation, in the follorving table Original Modilied Original Modifiecl Funds Amount of Remarks Objcct Object, if Allocation alloca tio n, Utilisccl Deviation / if any any if any Variation for quarter according to applicable obiect Iunding Not Not Not No reqLrrrenlents Applicable Rs.2,50,25,000/- Applicable Rs.2,50,25,0001- Applicable derdation Business Expansion I.'unding fbr Not Not Not No rvorking Applicable Applicable Applicable der"iatiorr capital Rs.5,5 9,00,000/- Rs.5,59,00.000/- requirernents strengthen t-rnancial position General Not Not Not No corporate Applicable Rs.3,00,00,000/- Applicable Rs.3,00,00.000/- Applicable deviation pu4)oses. Deviation orvariation could mean: (a) Deviation in the objects or purposes lbr which the funds have been raised or (b) Dcviation in the amount of funds actually utilizcd as against lvhat lvas originally disclosed or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, Designation: Chief Fin ancial Ofhcer