Cranex Ltd. — Capital/Financing Update 2026

Apr 24, 2026

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Date: April 24, 2026

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001

Scrip Code: 522001, Symbol: CRANEX

Dear Sir/Madam,

Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ‐ Non ‐ exercise of option to convert of warrants

This is in furtherance of the intimation given by the Company on October 25, 2024, wherein we had informed you that the Company had allotted 27,80,000 (Twenty-Seven Lakh Eighty Thousand) convertible warrants to total 19 allottees on preferential basis for an issue price of Rs. 102/- per warrant, out of which Rs. 7,08,90,000 (25% of the issue price) has already been received as the initial subscription amount at the time of allotment of the warrants.

Since the persons as enlisted in the attached Annexure -1 did not exercise the conversion option of pending 7,60,000 warrants within 18 months from the date of the allotment, i.e. on or before April 24, 2026, the amount received on the said 7,60,000 convertible warrants stands forfeited as per provision of Regulation 169(3) of Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

We request you to take the above on record and same be treated as compliance under the applicable regulations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Please take the same into your records and do the needful.

Thanking you, Yours faithfully,

For Cranex Limited

Digitally signed by HEENA HEENA SHARMA SHARMA Date: 2026.04.24 18:09:06 +05'30'

Heena Sharma

Company Secretary and Compliance Officer

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Annexure -1

The persons as enlisted below did not exercise or partly opted the conversion option of pending warrants within 18 months period from the date of the allotment i.e. on or before April 24, 2026. The 25% amount received on the said convertible warrants are liable to be forfeited:

S. No.	Name of Warrant holder	No. of Warrants applied for	Conversion of Warrants into Equity Shares (No.) by allotment	No. of Warrants on which Conversion option is not exercised and liable for forfeited
1.	Gaurav Singh	2,10,000	NIL	2,10,000
2.	Bhavya Jain	2,05,000	NIL	2,05,000
3.	Doshi Sagar Hareshkumar	1,00,000	NIL	1,00,000
4.	Parth Shah	1,00,000	NIL	1,00,000
5.	NiveshaayHedgehogs LLP	1,00,000	NIL	1,00,000
6.	Priti Mehul Gandhi	35,000	NIL	35,000
7.	Urban Botanics Private Limited	10,000	NIL	10,000

Note: The warrants were issued at the rate of Rs. 102/- per warrant. The warrant holders paid 25% amount at the time of allotment of warrants. In the event that warrant holders fail to exercise their conversion option i.e. to convert the warrants into equity shares within the stipulated period of 18 months from the date of allotment, the amount so paid shall be liable to forfeiture.

Thanking you, Yours faithfully,

For Cranex Limited

HEENA Digitally signed by HEENA SHARMA SHARMA Date: 2026.04.24 18:09:20 +05'30'

Heena Sharma

Company Secretary and Compliance Officer