Shree Refrigerations Ltd — Important, 22-09-2025: Company Update

Shree Refrigerations Limited (SRL) has secured a new order worth Rs. 19.62 Crore from Mazagon Dock Shipbuilders Ltd for supplying turnkey HVAC solutions for 14 Fast Patrol Vessels destined for the Indian Coast Guard. This project is expected to be completed by 2029. This follows a previous Rs. 106.62 Crore order for HVAC solutions for the Indian Navy's Fleet Support Ships and an ongoing similar project for 8 vessels with Goa Shipyard Ltd. These consecutive wins highlight SRL's strong capabilities in providing comprehensive HVAC solutions for defence and marine platforms, strengthening its position as a key partner in India’s shipbuilding sector.