Shareholders meeting

Date: 31st August 2026 The Deputy Manager, The Department of Corporate Services, National Stock Exchange Limited, Exchange Plaza, C‐1, Block G, Bandra Kurla Complex, Bandra(E), Mumbai‐400051 REF: COMPANY SYMBOL ‐ CROWN ISIN: INE491V01019 Sub.: Notice of the 24th Annual General Meeting of Crown Lifters Limited for the Financial Year 2025- Dear Sir/Madam, We wish to inform you that the 24th Annual General Meeting of the Members of the Company will be held on Thursday, 24th September 2026 at 04.00 p.m. IST through Video Conferencing/Other Audio- Visual Means. Pursuant to 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Notice convening 24th Annual General Meeting (“AGM”) of the Company for FY 2025-26. The Company has sent the Notice along with Annual Report today through electronic mode to Members who have registered their email id with the Company’s RTA/Depository Participants. The Notice along with the Annual Report for the financial year 2025-26 is also available on the website of the Company https://crownlifters.com/ Yours faithfully, FOR, CROWN LIFTERS LIMITED POOJA SHIRKE COMPANY SECRETARY & COMPLIANCE OFFICER ACS:74805 CROWN LIFTERS LIMITED 7th Floor, Plot No. B-28, Bhukhanvala Chambers, Veera Desai Road, Off Link Road, Veera DesaiIndustrial Estate, Andheri (W), Mumbai – 400053 Tel:+912240062829|Email: cs@crownlifters.com|www.crownlifters.com CIN: L74210MH2002PLC138439 CROWN LIFTERS LIMITED 24TH ANNUAL REPORT 24TH ANNUAL REPORT 2025-2026 CROWN LIFTERS LIMITED It’s not the load we lift…. It’s how safe and timely we handle…. 1 | P ag e A nn u al R e p ort 20 25 -26 CROWN LIFTERS LIMITED 24TH ANNUAL REPORT SAFE HARBOUR STATEMENT In this Annual Report we have disclosed forward-looking information [within the meaning of various laws] to enable investors to comprehend our prospects and take informed investment decisions. This report and other statements–written and oral-that we periodically make, contain forward-looking statements that set out anticipated results based on the Management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’ and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realized, although we believe we have been prudent in assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialize or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise Corporate Information. 2 | P ag e A nn u al R e p ort 20 25 -26 CROWN LIFTERS LIMITED 24TH ANNUAL REPORT TABLE OF CONTENTS: Sr. No. Content Page No. 1 MANAGEMENT INFORMATION 4 2 COMPANY INFORMATION 5 3 NOTICE TO MEMBERS 6 4 DIRECTORS’ REPORT 23 5 CORPORATE GOVERNANCE REPORT 33 6 MANAGEMENT DISCUSSION AND ANALYSIS REPORT 53 7 SECRETARIAL AUDIT REPORT 60 8 INDEPENDENT AUDITORS’ REPORT 69 9 FINANCIAL STATEMENTS 81 3 | P ag e A nn u al R e p ort 20 25 -26 CROWN LIFTERS LIMITED 24TH ANNUAL REPORT MANAGEMENT INFORMATION BOARD OF DIRECTORS & KEY MANAGERIAL PERSONNEL: Karim Kamruddin Jaria Nizar Nooruddin Rajwani Chairman & Managing director Director & Chief Financial officer Payal Yash Gaglani Sanjay Dayal Non-Executive Independent Director Non-Executive Independent Director (Resigned w.e.f 14th July 2026) Amit Bhalchandra Nandedkar Nooruddin Savji Rajwani Non-Executive Independent Director Non-Executive Non-Independent Director (Demised on 28th February, 2026) Natasha Nizar Rajwani Pooja Shirke Non-Independent Non-Executive Director Company Secretary & Compliance Officer (Appointed w.e.f 07th July, 2026) COMMITTEES OF BOARD: AUDIT COMMITTEE: NOMINATION & STAKEHOLDER RELATIONSHIP REMUNERATION COMMITTEE: COMMITTEE: Amit Bhalchandra Amit Bhalchandra Nandedkar Amit Bhalchandra Nandedkar Nandedkar Chairman Chairman Chairman Sanjay Dayal Natasha Nizar Rajwani Nizar Nooruddin Rajwani Member Member Member Karim Kamruddin Jaria Sanjay Dayal Sanjay Dayal Member Member Member 4 | P ag e A nn u al R e p ort 20 25 -26 CROWN LIFTERS LIMITED 24TH ANNUAL REPORT COMPANY INFORMATION CIN: L74210MH2002PLC138439 REGISTERED OFFICE: STATUTORY AUDITORS: 7th Floor, Plot No. B-28, Bhukhanvala Chambers VISHWAS AND ASSOCIATES. Veera Desai Off Link Road, CHARTERED ACCOUNTANT Andheri (W), Mumbai – 400053. Unit No. 5B, Laxmi Plaza, Maharashtra Laxmi Industrial Estate, New Link Road, Andheri (W), Mumbai - 400 053 CONTACT DETAILS: SECRETARIAL AUDITOR: Tel. No.: 022 26742829 RONAK DOSHI AND ASSOCIATES E-mail: cs@crownlifters.com PRACTICING COMPANY SECRETARY Website: www.crownlifters.com 802, Mahakant Complex, Opp. V.S. Hospital, Ellisbridge, Ahmedabad– 380006, Gujarat REGISTRARS AND TRANSFER AGENTS: Bigshare Services Private Limited Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai-400093, Telephone: 022 – 62638200 Fax: 022 – 62638299 E-mail: info@bigshareonline.com Website: www.bigshareonline.com BANKERS: ▪ ICICI BANK LIMITED ▪ KOTAK MAHINDRA BANK LIMITED ▪ TATA CAPITAL LIMITED ▪ YES BANK LIMITED ▪ THE FEDERAL BANK LTD ▪ INDUSIND BANK LTD ▪ HDFC BANK LIMITED 5 | P ag e A nn u al R e p ort 20 25 -26 CROWN LIFTERS LIMITED 24TH ANNUAL REPORT NOTICE TO SHAREHOLDERS/MEMBERS Notice is hereby given that 24th (Twenty Fourth) Annual General Meeting of the shareholders of Crown Lifters Limited will be held on Thursday, 24th September, 2026 at 04:00 P.M. (IST) through Video Conferencing / Other Audio-Visual Means (VC/OAVM) to transact the following business : The proceedings of the Annual General Meeting shall be deemed to be conducted at the Registered Office of the Company situated at 7th Floor, Plot No. B-28, Bhukhanvala Chambers, Veera Desai Off Link Road, Andheri (West), Mumbai – 400053, which shall be the deemed venue of the Annual General Meeting. ORDINARY BUSINESS: 1. TO CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON; To consider and if thought fit, to pass the following resolutions as ORDINARY RESOLUTIONS: “RESOLVED THAT the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon, as circulated to the members, be and are hereby considered and adopted.” 2. TO RE-APPOINT A DIRECTOR IN PLACE OF MR. NIZAR NOORUDDIN RAJWANI (DIN: 03312143), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT; To consider and if thought fit, to pass the following resolution as an ORDINARY RESOLUTION: “RESOLVED THAT pursuant to the provisions of Section 152 of the Companies Act, 2013, Mr. Nizar Nooruddin Rajwani (holding DIN 03312143), who retires by rotation at this meeting and being eligible has offered himself for re-appointment, be and is hereby re-appointed as a Director of the company, liable to retire by rotation.” SPECIAL BUSINESS: 3. APPOINTMENT OF MRS. NATASHA RAJWANI (DIN: 11804744) AS A NON-EXECUTIVE NON- INDEPENDENT DIRECTOR; To consider and if thought fit, to pass the following resolution as an ORDINARY RESOLUTION: “RESOLVED THAT pursuant to the provisions of Section 152,160 and other applicable provisions, if any of the Companies Act, 2013 (“Act”) read with the Companies (Appointment and Qualifications of Directors) Rules, 2014, including any statutory modification(s) or re-enactment thereof for the time being in force and regulation 17 of the Secu [Showing first 8,000 characters — download PDF for full document]