BSECompany Update2d ago · 7 Nov 2026, 02:28 pm

Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform that the Company has secured an order of amounting to Rs. 26.44 Crore from GRSE Ltd.

Shree Refrigerations Ltd · 544458

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Shree Refrigerations Ltd has secured an order worth Rs. 26.44 Crore from GRSE Ltd for the supply of specialized components. The order is for the delivery of electronic control cards and modules, compressor inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators, and electrical components.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Shree Refrigerations Ltd - 544458 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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November 07, 2026 Department of Corporate Services/ Listing BSE LIMITED 25th Floor, P. J. Towers, Dalal Street, Mumbai-400001 Subject: Disclosure regarding Bagging/ Receiving of orders/ Contracts Ref.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular: SEBI/HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January 2026 Scrip Code: 544458 ISIN: INE0FMZ01045 Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with sub-para 4, Para B, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (“Listing Regulations”), we hereby inform that the Company has secured an order amounting to Rs. 26.44 Crore (Excluding GST) from Garden Reach Shipbuilders & Engineers Limited for supply of a range of specialised components, such as electronic control cards and modules, compressor inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators and electrical components, among others. The details as required under Regulation 30 of the Listing Regulations read with Para B of Part A to Schedule III and SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, are also enclosed herewith as Annexure-A. Further, a press note titled “Shree Refrigerations Limited secures fresh defence order worth Rs. 26 crore” is enclosed herewith as Annexure B. The said information will also be uploaded on the website of the company https://www.shreeref.com/. Kindly take the above information 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 Annexure A Details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026 Particulars Details 1. Name of the entity awarding the Garden Reach Shipbuilders & Engineers order(s)/contract(s) Limited 2. Domestic order for supply of range of specialised components, such as electronic Significant terms and conditions of control cards and modules, compressor order(s)/contract(s) awarded in brief inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators and electrical components, among others. 3. Whether order(s) / contract(s) have been awarded by domestic/ Domestic Entity international entity 4. Domestic order for supply of range of specialised components, such as electronic control cards and modules, compressor Nature of order(s) / contract(s) inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators and electrical components, among others. Whether domestic or international Domestic 6. Time period by which the Delivery Timeline: 05th July 2027 order(s)/contract(s) is to be executed 7. Total size of the order: Rs.26,44,21,928/- Broad consideration or size of the (Rupees Twenty-Six Crore Forty-Four Lakh order(s)/contract(s) Twenty-One Thousand Nine Hundred Twenty- Eight Only) (Excluding GST) 8. Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s) / contracts(s)? If yes, nature of interest and details thereof 9. Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length”. Annexure B Shree Refrigerations Limited secures fresh defence order worth Rs 26 crore Pune, November 7, 2026: Shree Refrigerations Limited (SRL) has secured a fresh defence order worth over Rs 26.44 crore (excluding GST) from Garden Reach Shipbuilders & Engineers (GRSE), a Government of India undertaking under the Ministry of Defence. The order is for the supply of a range of specialised components, such as electronic control cards and modules, compressor inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators and electrical components, among others. About Shree Refrigerations Limited (SRL): Shree Refrigerations Limited (SRL) is one of India’s leading defence-focused manufacturers of advanced refrigeration and HVAC systems, serving the Indian Navy and strategic defence sectors. With around 35 years of experience in the refrigeration industry, SRL pivoted to the defence sector around a decade ago. Backed by niche technology, reliable manufacturing, and strong service support, the company has since grown from strength to strength and was publicly listed on the Stock Exchange on Aug 1, 2025. Guided by the philosophy ‘We don’t just Manufacture Products, we Manufacture Pride,’ SRL stands as a testament to Atmanirbhar Bharat, offering world-class indigenous solutions for India’s most critical sectors.