Expansion1 Jun 2026, 03:59 pm
Shree Refrigerations Launches Advanced Manufacturing Facility
AI Summary
Shree Refrigerations Ltd (SRL) is inaugurating a new 50,000 sq ft manufacturing facility in Karad, Satara, Maharashtra on June 20, 2026. The facility, built on 6 acres, features advanced machinery, robotic welding, laser cutting, and complies with IGBC standards. This expansion aims to enhance SRL's capabilities in designing and manufacturing specialized cooling solutions for defence applications, improve efficiency, and strengthen the supply chain. SRL reported over 100% revenue growth in H2FY26 and over 50% in FY26.
Key Highlights
- Shree Refrigerations expands manufacturing with a new facility in Karad.
- The facility will enhance capabilities for defence HVAC&R solutions.
- The expansion aims to improve efficiency and strengthen the supply chain.
- SRL reported strong revenue growth in H2FY26 and FY26.
- The facility is designed with provisions for future expansion.
Price Impact
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