Crown Lifters Limited informed the exchange that it had ordered two 150 MT crawler cranes costing Rs. 7.00 crore from Mumbai. These cranes have been pre-booked by Ultratech Cement Ltd. and ArcelorMittal Nippon Steel India.
Both cranes are expected to be delivered by mid-October. This purchase brings the company’s total capital expenditure on cranes for the current financial year to Rs. 43 crore.
In July 2024, Crown Lifters Limited had acquired a 400 MT crawler crane, and in late May, the company purchased two 260 MT and 100 MT crawler cranes each.