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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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.