Cranex Ltd. — Board/Management Information 2023

Aug 26, 2023

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26.08.2023

To The Secretary Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

Ref. Scrip Code: 522001 ISIN: INE608B01010

Dear Sir/Madam,

SUB: OUTCOME OF THE MEETING OF BOARD OF DIRECTORS HELD ON SATURDAY, AUGUST 26[TH] , 2023

With reference to the captioned subject, pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find attached herewith Outcome of the meeting of Board of Directors of the Company held today i.e. f, August 26, 2023.

Kindly take the same on your record.

Thanking You

For Cranex Limited

renu

Digitally signed by renu Date: 2023.08.26 17:03:04 +05'30'

Renu (Company Secretary) Membership No. 29426 Email:-cs@cranextld.com

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26.08.2023

To The Secretary Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

Ref. Scrip Code: 522001 ISIN: INE608B01010

Dear Sir/Madam,

Sub: Outcome of the Meeting of Board of Directors held on Saturday, August 26[th] , 2023 at the Corporate Office of the Company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is to inform you that the meeting of the Board of Directors of the Company was held on today i.e. Saturday, 26[th] August, 2023 at 3:00 PM. at the Corporate Office of the Company at 57/1, Industrial Area Site-1V, Sahibabad, Ghaziabad-201010 and the Board have approved and considered the following points:

1. Re-appointment of Ms. Shilpy Chopra (DIN: 07161915), as independent director of the Company for a second term of 5 consecutive years

2. To increase remuneration of Mr. Piyush Agrawal, Managing Director of the Company w.e.f 01[st] October, 2023

3. To increase remuneration of Mr. Chaitanya Agrawal, Whole Time Director of the Company w.e.f 01[st] October, 2023

4. To shift the connectivity of shares held with NSDL from M/s. Link Intime India Pvt. Ltd. to M/s. Beetal Financial Computer Services Pvt. Ltd.

5. Mr. Piyush Agrawal, Managing Director of the Company shall continue to appointed as Chairman of the Board to chair the Board Meeting and to chair General Meetings of the Company as well.

The Board Meeting commenced at 3:00 P.M. and concluded at 4.45 P.M. Kindly take the same on your record.

Kindly take the same on your record.

Thanking You For Cranex Limited

Digitally signed by renu renu Date: 2023.08.26 17:03:20 +05'30' Renu (Company Secretary) Membership No. 29426 Email:-cs@cranextld.com