Ice Make Refrigeration Limited — Board Meeting, 24-07-2026: Outcome of Board Meeting

ICE Make Refrigeration Board approved a strategic partnership with Japan's Galilei Holdings. This includes a **₹190 Cr preferential issue** and a new **joint venture, "Ice Make Horeca Pvt Ltd,"** focusing on commercial refrigeration. Galilei will own 60%, Ice Make 40% of the ₹88.19 Cr JV. An EGM is set for shareholder approval.