Incorporation of the Wholly Owned Subsidiary Company in the name and style of " AQUILON LIMITED"

15th October 2026 Department of Corporate Services/ Listing BSE LIMITED 25th Floor, P J Towers, Dalal Street, Mumbai-400001 Subject: Incorporation of Wholly Owned Subsidiary of Shree Refrigerations Limited Ref: Intimation under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Scrip Code: 544458 ISIN: INE0FMZ01045 Dear Sir/Madam, With reference to our intimation dated 31st August 2026 relating to incorporation of a Wholly Owned Subsidiary of the Shree Refrigerations Limited (“the Company”) and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby wish to inform that the Company has incorporated a wholly-owned subsidiary in the name and style of “AQUILON LIMITED”. The disclosures as required under Regulation 30 of SEBI Listing Regulations read with SEBI Circular: SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 are given in Annexure - A. This intimation is also being placed on the website of the Company at www.shreeref.com . Kindly take the aforesaid submission on your record. Thanking you, For and on behalf of Shree Refrigerations Limited Tanmay Mukund Pethkar Company Secretary and Compliance Officer Membership No. A53618 6th Floor," Samarth House”, Survey No.116/3/1, 3/3,3/10, Near shell Petrol Pump, Warje, Pune, Maharashtra, India – 411058 Encl: Annexure A Annexure A Sr. Particulars Details 1 Name of the entity, date & country of Name of Company: In the name and style incorporation, etc. of “Aquilon Limited”. Date of Incorporation: 15th October 2026 Country of incorporation: India 2 Name of holding company of the The Company being incorporated is a wholly incorporated company and relation with the owned subsidiary of Shree Refrigerations listed entity Limited, the Holding Company. 3 Industry to which the entity being Manufacturing incorporated belongs 4 Brief background about the entity To carry on the business of designing, incorporated in terms of products/line of manufacturing, assembling, supplying, business installing, commissioning, servicing, repairing, importing, exporting and dealing in all types of chillers, heat pumps, refrigeration, cooling, heating and HVAC systems including air cooled chillers, water cooled chillers, industrial chillers, air source heat pumps, water source heat pumps and allied equipment, components, spare parts, controls and automation systems. 5 Brief details of any governmental or NA regulatory approvals required for the incorporation 6 Nature of consideration - whether cash 100% subscription to the initial paid-up consideration or share swap and details of share capital in cash. the same 7 Cost of subscription/price at which the Rs. 2,50,00,000/- (Rupees Two Crore Fifty shares are subscribed Lakh Only), divided into 2,50,000 (Two Lakh Fifty Thousand) Equity Shares of Rs.100/- (Rupees One Hundred Only) each of the Company. 8 Percentage of shareholding/control by the 100% subscription to the initial paid-up listed entity and/or number of shares share capital in cash. allotted