Shree refrigerations Limited has announced the planned inauguration of its new manufacturing facility at Satara, Maharashtra. The company disclosed this significant development to BSE Limited on March 4, 2026, in compliance with regulatory requirements.

Facility Details

The new manufacturing facility will be inaugurated on May 20, 2026, at a strategic location in Satara district. The facility represents an expansion of the company's manufacturing capabilities and operational footprint.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates companies to disclose material events and information that could impact investor decisions.

The disclosure was signed by Tanmay Mukund Pethkar, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed. The company maintains its registered office at Samarth House, Warje, Pune, Maharashtra.

Strategic Expansion

The establishment of this new facility at Satara represents Shree Refrigerations Limited's commitment to expanding its manufacturing infrastructure. The location in Maharashtra's industrial belt provides strategic advantages for the company's operations and distribution network.

This development demonstrates the company's focus on scaling its production capabilities and strengthening its market position in the refrigeration sector.

Shree Refrigerations Limited has announced key leadership appointments following its board meeting held on February 23, 2026, at the MCCIA Trade Tower in Pune. The company submitted the outcome to BSE Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and subsequently provided formal intimation on February 24, 2026.

Board Meeting Details and Appointments

The board meeting commenced at 12:00 P.M. and concluded at 3:40 P.M. at Bajaj Conference Hall No. 2, MCCIA Trade Tower, Pune. The company made three strategic appointments to strengthen its management structure and ensure regulatory compliance.

Whole Time Director Appointment

Based on the recommendation of the Nomination and Remuneration Committee, the board approved the appointment of Ms. Rajashri Ravalnath Shende (DIN: 02028006) as Whole Time Director for a period of 5 years commencing from February 23, 2026 to February 22, 2031. This appointment is subject to approval by shareholders at the ensuing general meeting.

Ms. Rajashri Ravalnath Shende is a promoter and founding member of the company. She holds an M.Sc. in Physics and completed her Diploma in Electronic and Telecommunication Engineering in 1986. Her professional background includes serving as a lecturer in Electronics at a Polytechnic, where she progressed to become Head of Department.

Additional Director Designation

The board appointed Ms. Rucha Ravalnath Shende (DIN: 11546908) as Additional Director in the category of Whole Time Director, effective from February 23, 2026. She will hold office until the date of the next Annual General Meeting or the last date on which the AGM should have been held, whichever is earlier.

Ms. Rucha Ravalnath Shende is a Mechanical Engineer with extensive experience in HVAC, Plumbing, and Fire Protection design. She has been working in this field since 2019 and possesses expertise in using REVIT and AutoCAD on institutional, healthcare, laboratory, and public sector projects. She is currently associated with T & M Associates, USA.

Company Secretary and Compliance Officer

Mr. Tanmay Mukund Pethkar was appointed as Company Secretary and Compliance Officer (Whole Time Key Managerial Personnel) effective from February 23, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee. The company formally intimated BSE Limited about this appointment on February 24, 2026.

Mr. Tanmay Mukund Pethkar brings extensive experience in secretarial practices, regulatory filings, governance advisory, SEBI (LODR, PIT, RPT) compliances, board processes, and investor relations. He has previously worked with J.B. Bhawe & Co., Pune, and other reputed Company Secretary firms.

Family Relationships and Regulatory Compliance

The appointments reflect clear disclosure of relationships between directors as required under regulatory guidelines:

All appointees have been confirmed as not being debarred from holding their respective offices by SEBI or any other regulatory authority, in accordance with BSE circular LIST/COMP/14/2018-19. The board also approved the alignment of Shree Refrigerations Limited Employees Stock Option Plan September - 2024, as per SEBI (Share Based Employee Benefit and Sweat Equity) Regulations, 2021.