Shree Refrigerations Ltd

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.

Shree Refrigerations Ltd has submitted its Annual Report for the Financial Year 2025-26 and the Notice for its 20th Annual General Meeting (AGM), scheduled for August 31, 2026. The report and notice are being sent electronically to members with registered email addresses and are also available on the company's website. This filing complies with SEBI Listing Regulations and the Companies Act, 2013. The Annual Report covers corporate overview, statutory reports, financial statements, and details about the company's growth journey and governance.

Shree Refrigerations Ltd has announced that its Twentieth Annual General Meeting (AGM) will take place on Monday, August 31, 2026, at 11:30 A.M. IST. The meeting will be held at the company's registered office located at Plot No. 131/1/2/1, Opp. MSEB Stores, Viravde, Ogalewadi, Viravade, Satara, Karad, Maharashtra, India – 415105. The company has set Monday, August 24, 2026, as the cut-off date for determining member eligibility to vote on resolutions presented at the AGM.

Shree Refrigerations Ltd has issued a notice for its Twentieth (20th) Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM is scheduled to be held on Monday, August 31, 2026. The company is submitting the notice and the Annual Report for FY 2025-26 electronically to members who have registered their email addresses. For members whose email addresses are not registered, a web link to access the Annual Report on the company's website (https://shreeref.com/invester_1_1.php) has been provided, in compliance with SEBI Listing Regulations. The Annual Report contains details on corporate overview, financial statements, and other statutory reports.

Shree Refrigerations Limited's Board of Directors met on July 18, 2026, approving the introduction of the Employees Stock Option Scheme 2026 (ESOP 2026). This scheme allows for the grant of up to 10,00,000 equity shares, representing 2.79% of the company's equity share capital, subject to shareholder approval at the upcoming AGM. The board also approved the grant of stock options to employees and directors of its subsidiaries under ESOP 2026. Additionally, Ms. Rucha Ravalnath Shende was regularized as a Whole-Time Director for a period of three years, commencing February 23, 2026, also pending shareholder approval. The meeting also confirmed Ms. Shende is not debarred from holding a director position.

Shree Refrigerations Ltd has announced that its Board of Directors will convene on July 18, 2026. The primary agenda item is to consider and approve the Shree Refrigerations Limited ESOS 2026 scheme. This Employee Stock Option Scheme (ESOS) will be subject to shareholder approval via a special resolution at the upcoming Annual General Meeting. The company will also make this announcement available on its website, www.shreeref.com.

Shree Refrigerations Limited (SRL) has supplied mission-critical Marine Air-Conditioning Plants for INS Dunagiri and INS Agray, two of the three warships commissioned into the Indian Navy by Prime Minister Narendra Modi. These systems have been successfully type-tested and commissioned for onboard operational use. This marks the second occasion SRL has supplied AC plants for ships commissioned by the Prime Minister, following a similar installation on two of three ships in January 2025. The company highlights this as a testament to Indian manufacturers' capability in delivering complex defence solutions and supporting the Atmanirbhar Bharat initiative. SRL also recently inaugurated a new manufacturing facility, doubling its production capacity.

Shree Refrigerations Ltd has announced securing two purchase orders totaling ₹2,54,83,281.65 (excluding GST) from Mazagon Dock Shipbuilders Limited. The orders are for the supply of OBS Spare and B & D Spare for an AC Plant, and for FCU Repair, maintenance & installation. The first order is to be executed within 12 months on a door delivery basis, while the second has a delivery timeline extending to June 7, 2027. This development signifies new business for the company and expands its order book with a prominent public sector undertaking.

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.

Shree Refrigerations Ltd. resubmitted its audited financial results for the half year and year ended March 31, 2026, following a Board Meeting on May 25, 2026. The resubmission incorporates a presentational refinement in the Cash Flow Statement, specifically reclassifying the 'Increase/(Decrease) in Provisions' line item within 'Changes in Working Capital' to better align with AS 3. The revision does not impact Net Profit/Loss, Balance Sheet positions, or Profit & Loss Statement items, and the Statutory Auditors' unmodified opinion remains valid.