Shree Refrigerations Ltd Share Price – BSE

Engineering, Small Cap

The order is scheduled to be executed by 19 December 2026, and the total value, including GST, stands at Rs 5,69,29,251.58.

The company clarified that neither the promoter nor the promoter group has any interest in the entity awarding the order. Further, the contract does not fall under related-party transactions.

Shree Refrigerations is engaged in the business of manufacturing Chillers, refrigeration and air conditioning appliances and other parts of Heating, Ventilation, Air Conditioning (HVAC) Industry, offering array of advanced systems and equipment to industries majorly in domestic market.

The company recorded revenue from operations of Rs 98.73 crore and a net profit of Rs 13.55 crore for the period ended 31 March 2025.

Shares of Shree Refrigerations fell 1.08% to end at Rs 192.95 on Friday, 19 December 2025.

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Shree Refrigerations has received an order worth Rs 5.69 crore from CPRO, Material Organisation, Mumbai for supply of spare for class B.

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Shree Refrigerations will hold a meeting of the Board of Directors of the Company on 11 November 2025.

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Shree Refrigerations (SRL) through its wholly-owned subsidiary, Trezor Technologies, has tied up with Canada-based Smardt Chillers, a global player in oil-free chillers for data centre cooling solutions.

The association aims to strengthen the company's presence in the $1.9 billion data center cooling segment in India. Trezor Technologies will handle the promotion, marketing, sales, installation, and after-sales services of Smardt chillers across India. Smardt Chillers will provide the necessary technical support, training, and promotional materials while sharing marketing costs with Trezor.

This collaboration enables Shree Refrigerations to expand its footprint in the high-growth data center sector while leveraging Smardt's international expertise in advanced chiller solutions. The agreement is not a related-party transaction and carries no impact on the management or control of Shree Refrigerations.

?Through this strategic association, SRL will bring state-of-the-art magnetic bearing chiller technology , specially designed for mission-critical data center applications,? the company said on Tuesday.

RG Shende, Chairman and Managing Director, Shree Refrigerations, said, ?Data centers demand the highest levels of efficiency and uptime. Our association with Smardt allows us to deliver cutting-edge magnetic bearing chiller technology to Indian customers, strengthening our commitment to deliver efficient and reliable cooling solutions for mission-critical infrastructure .?

Shende added that this portfolio expansion opens new opportunities for the company beyond the traditional defence base. ?Over the next three years, SRL expects this vertical to contribute 10?15% revenues, creating a balanced business mix while unlocking additional growth and margin potential,? he said.

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