Shree Refrigerations Limited has secured a substantial defense sector order worth ₹4,83,49,286.24 from Cochin Shipyard Ltd for the Next Generation Missile Vessel (NGMV) Project. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract involves the supply of 8 kw Refrigeration Plant specifically designed for the Next Generation Missile Vessel project. This domestic order represents a significant business development for the company in the defense manufacturing sector.

Financial and Commercial Terms

The order value of ₹4,83,49,286.24 (Rupees Four Crore Eighty Three Lakh Forty Nine Thousand Two Hundred Eighty Six and Twenty Four Paisa Only) excludes GST. The company has confirmed that this is a domestic order with a delivery timeline extending to 4th February 2030, providing a substantial execution period for the specialized refrigeration equipment.

Regulatory Compliance and Disclosures

Shree Refrigerations Limited has confirmed that this order does not constitute a related party transaction and has been awarded at arm's length. The company has also disclosed that neither the promoters, promoter group, nor group companies have any interest in Cochin Shipyard Ltd, the entity awarding the contract.

Strategic Significance

This order represents the company's continued engagement in the defense sector, specifically in providing specialized refrigeration solutions for naval vessels. The Next Generation Missile Vessel project underscores the company's capability to deliver technical solutions for advanced defense applications. The extended delivery timeline until February 2030 indicates the complex nature of the specialized refrigeration plant required for naval applications.

Shree refrigerations Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations for the quarter ended 31st March 2026. The submission demonstrates the company's commitment to maintaining regulatory compliance in securities dematerialization processes.

Regulatory Compliance Filing

The company submitted its confirmation certificate on 14th April 2026 to comply with Regulation 74(5) of the Securities Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding dematerialization requests received during each quarter.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Transfer Agent. The registrar provided confirmation on 6th April 2026 that no securities were received for dematerialization during the quarter ended 31st March 2026.

Corporate Governance

The filing was executed by Tanmay Mukund Pethkar, Company Secretary and Compliance Officer, who holds membership number A53618. The digital signature was applied on 14th April 2026 at 15:48:38 +05'30', ensuring proper authentication of the regulatory submission.

This quarterly compliance filing reflects Shree Refrigerations Limited's adherence to SEBI's regulatory framework governing depositories and participants, maintaining transparency in securities dematerialization processes.