Cranex MD, chairman, board of directors and AGM
BSE: 522001Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹89.55.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹70 Cr3,434th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 28.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 9.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 8.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.79
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,969
Cranex board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorPiyush Agrawal
- Company Secretary and Compliance OfficerHeena Sharma
5 directors3 independent2 executive
- Piyush Agrawal · Chairperson and managing directorExecutive · joined Jan 2005 · reappointed Sep 2026 · 1 listed board
- Chaitanya AgrawalExecutive · joined Oct 2011 · reappointed Sep 2026 · 1 listed board · 2 committee seats
- Shilpy ChopraIndependent · joined Jan 2019 · reappointed Jan 2024 · 92 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 2 as chair
- Priyanka PathakIndependent · joined Sep 2024 · reappointed Sep 2024 · 25 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 4 as chair
- Avinash PrabhatIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 2 Sep 20265 of 5 present3 independent · 19 days in between
- 13 Aug 20265 of 5 present3 independent · 9 days in between
- 3 Aug 20265 of 5 present3 independent · 23 days in between
- 10 Jul 20265 of 5 present3 independent · 41 days in between
5 earlier meetings
- 29 May 20265 of 5 present3 independent · 7 days in between
- 21 May 20265 of 5 present3 independent · 11 days in between
- 9 May 20265 of 5 present3 independent · 14 days in between
- 24 Apr 20265 of 5 present3 independent · 10 days in between
- 13 Apr 20265 of 5 present3 independent
Audit Committee
Chair Shilpy Chopra
Priyanka Pathak, Chaitanya Agrawal
- 2 Sep 20263 of 3 present2 independent
- 13 Aug 20263 of 3 present2 independent · 75 days in between
- 29 May 20263 of 3 present2 independent · 7 days in between
- 21 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Shilpy Chopra
Avinash Prabhat, Priyanka Pathak
- 2 Sep 20263 of 3 present2 independent · 141 days in between
Stakeholders Relationship Committee
Chair Avinash Prabhat
Priyanka Pathak, Chaitanya Agrawal
- 13 Apr 20263 of 3 present2 independent
Separate Independent Directors
Chair Shilpy Chopra
Priyanka Pathak, Avinash Prabhat
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- V R Bansl & AssociatesPeer-review certificate valid to Jul 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Cranex AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Cranex share news and announcements
Annual general meeting, 29 Sep 2026
4,812 shareholders on the register on 22 Sep 2026; present: 2 promoters and 36 others; votes counted by Parveen Rastogi / M/s. Parveen Rastogi& Co.The company's voting result (opens in a new tab)
- ADOPTION OF STANDALONE & CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR FINANCIAL YEAR ENDING 31ST MARCH, 2026Ordinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 6.93%
Turnout: all 51.59% · promoters 100.00% · institutions 0.00% · other public 7.48%
- TO APPOINT A DIRECTOR IN PLACE OF MR. PIYUSH AGRAWAL (DIN 01761004), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT.OrdinaryPromoters have an interest in it98.60% for1.40% against
Against: promoters 0.00% · institutions 0.00% · other public 6.93%
Turnout: all 19.26% · promoters 32.22% · institutions 0.00% · other public 7.48%
- RE-APPOINTMENT OF MR. PIYUSH AGRAWAL (DIN 01761004) AS MANAGING DIRECTOR OF THE COMPANY.SpecialPromoters have an interest in it98.60% for1.40% against
Against: promoters 0.00% · institutions 0.00% · other public 6.93%
Turnout: all 19.26% · promoters 32.22% · institutions 0.00% · other public 7.48%
- RE-APPOINTMENT OF MR. CHAITANYA AGRAWAL (DIN 05108809) AS WHOLE TIME DIRECTOR OF THE COMPANY.SpecialPromoters have an interest in it99.39% for0.61% against
Against: promoters 0.00% · institutions 0.00% · other public 6.93%
Turnout: all 44.23% · promoters 84.58% · institutions 0.00% · other public 7.48%
- APPOINTMENT OF M/S. PARVEEN RASTOGI & CO., COMPANY SECRETARIES, AS SECRETARIAL AUDITOR OF THE COMPANY.Ordinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 6.93%
Turnout: all 51.59% · promoters 100.00% · institutions 0.00% · other public 7.48%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesApr 2026 | 11.09 | Funding requirements for Business Expansion | 2.50 | 2.50 | No |
| Preferential IssuesApr 2026 | 11.09 | Funding for working capital requirements to strengthen financial position | 5.59 | 5.59 | No |
| Preferential IssuesApr 2026 | 11.09 | General corporate purposes | 3.00 | 3.00 | No |