Cranes Software International Ltd — Updates, 30-05-2025: Company Update

Cranes Software International Limited received its Annual Secretarial Compliance Report for FY 2024-25 from Mehul Jain & Associates, highlighting several compliance delays mainly around filings with the stock exchange. These included late submissions of quarterly financial results, shareholding patterns, related party transactions disclosures, and annual audited financial results—at times delayed by over 50 days leading to fines. Board composition and committee independence requirements were not met for two quarters but were subsequently addressed. The company acknowledged these lapses, attributing some delays to non-receipt of subsidiary audited accounts, and has committed to strengthening its compliance systems to avoid future issues.