Award29 Aug 2026, 04:50 pm
Shree Refrigerations Secures ₹3.93 Cr Order from Indian Navy
AI Summary
Shree Refrigerations Ltd has announced securing a significant order from the Indian Navy, specifically the Controller Procurement, Material Organisation, Mumbai. The order is for the supply of a Magnetic Bearing Compressor based AC Plant. The contract is valued at ₹3,93,00,000 (excluding GST) and is expected to be executed by August 28, 2027, with the order date being August 28, 2026. This domestic order marks a positive development for the company, bolstering its order book and showcasing its capabilities in supplying specialized equipment to defense entities.
Key Highlights
- Secured order from Indian Navy for AC Plant supply.
- Contract value stands at ₹3.93 Crores (excluding GST).
- Execution timeline set for August 28, 2027.
- Order is from a domestic entity.
- No promoter or group company interest involved.
Price Impact
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