Shree Refrigerations Ltd

Shree Refrigerations Limited will hold a board meeting on Wednesday, October 28, 2026, to consider and approve the unaudited financial results for the half year ended September 30, 2026, according to a regulatory filing with the BSE Limited. The company’s trading window for share transactions has been closed from October 1, 2026, and will remain so until 48 hours after the financial results are made public on October 28, 2026.

Shree Refrigerations Limited has incorporated a wholly-owned subsidiary named Aquilon Limited on October 15, 2026, in India, with an initial paid-up share capital of Rs 2,50,00,000 divided into 2,50,000 equity shares of Rs 100 each.

Shree Refrigerations Limited submitted a confirmation certificate to the BSE Limited for compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as provided by its Registrar and Transfer Agent, MUFG Intime India Private Limited, which confirmed that no securities were received for dematerialization during that period.

Shree Refrigerations Ltd. is currently down 2.96% to Rs 372.3, adding to recent declines that have seen the stock slip 5.68% over the last one week. Shree Refrigerations Limited announced it has secured an order worth Rs 7.86 crore (excluding GST) from the Controller Procurement Material Organisation, Mumbai (Indian Navy) for the supply of two Magnetic Bearing Compressor based AC Plants, with a delivery timeline of October 5, 2027. The company, which is publicly listed and focuses on defence-related refrigeration and HVAC systems, has also secured other recent orders from the Indian Navy totaling over Rs 14 crore, as detailed in a press note, and further information is available on the company's website at https://www.shreeref.com/. Trading volume reached 1.88 lakh shares today, representing a 45.17% increase compared to the average volume over the last one week. Shree Refrigerations Ltd. soared by 29.00% year-over-year, outperforming the 9.98% loss recorded by the NIFTY50 index.

Shree Refrigerations Limited will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the announcement of the company’s unaudited financial results for the half-year ending September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Shree Refrigerations Ltd. announced that CARE Ratings Limited has assigned a rating of CARE BBB-; Stable / CARE A3 to Long Term / Short Term Bank Facilities amounting to Rs 15.00 crore and Rs 68.25 crore, while also upgrading the same facilities from CARE BB+; Stable / CARE A4+ and reducing the amount from Rs 82.39 crore, and separately assigned a rating of CARE BBB-; Stable to Long Term Bank Facilities amounting to Rs 6.75 crore, previously rated CARE BB+; Stable and reduced from Rs 7.61 crore; furthermore, CARE Ratings has assigned ratings of CARE BBB-; Stable / CARE A3 to Fund-based - LT-Term Loan of Rs 10.00 crore, Fund-based - LT-Term Loan of Rs 2.60 crore, Fund-based/Non -fund- based -LT/ST of Rs 35.00 crore, Fund-based/Non -fund- based -LT/ST of Rs 3.75 crore, Non-fund-based - LT/ ST-Bank Guarantee of Rs 15.00 crore, and Non-fund-based - LT/ ST-BG/LC of Rs 29.50 crore, and revised the rating of Fund-based - LT-Term Loan of Rs 4.15 crore, while CareEdge Ratings has withdrawn ratings on unspecified bank facilities/instruments reflecting full repayment and outstanding dues, and noting that the ratings reflect opinions as of the date of the rating.

Shree Refrigerations Limited announced that shareholders approved the appointment of Ms. Rucha Ravalnath Shende (DIN: 11546908) as a Whole-Time Director for a term of 3 years, commencing from February 23, 2026, and ending on February 22, 2029, liable to retire by rotation, according to a regulatory filing on September 2, 2026. Ms. Shende is the daughter of Mr. Ravalnath Gopinath Shende, Managing Director, and Ms. Rajashri Ravalnath Shende, Whole-Time Director of the company, and sister of Ms. Devashree Vishwesh Nampurkar, also a Whole-Time Director.

Shree Refrigerations Limited announced that its board of directors approved the incorporation of a wholly-owned subsidiary, “Aquilon Deep Chill Limited,” in Karad, Satara, Maharashtra, India, with an initial paid-up share capital of Rs 5,00,00,000. The new subsidiary will focus on designing, manufacturing, assembling, supplying, installing, commissioning, servicing, repairing, importing, exporting and dealing in chillers, heat pumps, refrigeration, cooling, heating and HVAC systems.

Shree Refrigerations Limited announced it has received an order from the Indian Navy's Controller Procurement, Material Organisation, Mumbai, for the supply of a Magnetic Bearing Compressor Based AC Plant. The order, valued at Rs 3,93,00,000 (Rupees Three Crore Ninety-Three Lakhs Only), excluding GST, is to be executed and delivered by August 28, 2027, representing a 365-day timeline from the order date of August 29, 2026. The company will upload the detailed information on its website, https://www.shreeref.com/, and confirmed that neither promoters, promoter groups, or group companies have any interest in the awarding entity, and the order does not constitute a related party transaction.

Shree Refrigerations will hold a meeting of the Board of Directors of the Company on 18 July 2026.