Cranex Ltd

Cranex Ltd: Promoters Convert Warrants, Acquire 700K Shares at ₹102 Each 📈

• Chaitanya Agrawal and Persons Acting in Concert (PACs) converted convertible warrants into equity shares

• Acquisition of 700,000 equity shares at an issue price of ₹102 per share (including a premium of ₹92 per share)

• Warrants were converted upon receipt of the balance amount of ₹76.50 per warrant (75% of the issue price)

• Acquirers include Chaitanya Agrawal, Piyush Agrawal, Ritu Agrawal, Amitabh Agrawal, and Ritu Investment Pvt. Ltd. (all part of the promoter group)

• Total equity share capital increased to ₹8.02 crore (80,20,000 equity shares of ₹10 each)

• Acquisition date: 24th April 2026