Crown Lifters Limited — Important, 15-04-2025: Capacity addition

Crown Lifters Limited has placed an order for three cranes, including a 160 MT tire-mounted crane, a 110 MT tire-mounted crane, and a 90 MT crawler-mounted crane, with an estimated total investment of ₹6.49 crores. The expected delivery is scheduled between April and May 2025. This acquisition aims to enhance the company's operational capabilities across various crane categories and support upcoming project demands. Notably, long-term contracts have already been secured for both tire-mounted cranes for a refinery project, while the crawler crane will serve temporary in-house requirements. This strategic move positions the company for potential growth, highlighting a positive outlook as it continues to invest in its future operational needs.