News ArticleShree Refrigerations Limited secures Rs 26.44 crore defence contract from Garden Reach Shipbuilders & Engineers
Order involves supply of specialised refrigeration and electrical components with delivery due by July 5, 2027
Shree Refrigerations Limited has won a domestic order valued at Rs 26.44 crore (excluding GST) from Garden Reach Shipbuilders & Engineers Limited for supplying specialised defence components to be delivered by July 5, 2027. The order includes electronic control cards, compressor inverters, pump bearings, and other critical parts for defence applications.
Shree Refrigerations Limited
Order Wins
Shree Refrigerations Limited has obtained a Rs 26.44 crore contract from Garden Reach Shipbuilders & Engineers Limited to supply a range of specialised defence components by July 5, 2027.
The order covers electronic control cards and modules, compressor inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators, and other electrical components.
Garden Reach Shipbuilders & Engineers Limited is a domestic entity under the Ministry of Defence, Government of India.
This contract falls outside related party transactions, and there is no promoter interest in the awarding entity.
Shree Refrigerations Limited specializes in advanced refrigeration and HVAC systems focused on defence, with over 35 years of manufacturing experience and is publicly listed since August 2025.
Highlights
- Total order value: Rs 26,44,21,928 (excluding GST)
- Delivery deadline: July 5, 2027
- Order awarded by Garden Reach Shipbuilders & Engineers Limited, a Government of India undertaking
- Contract involves supply of specialised defence refrigeration and electrical parts
- No promoter or related party interest in the contract
Key Data Snapshot
What happened
- Shree Refrigerations Limited secured a significant domestic order from Garden Reach Shipbuilders & Engineers Limited for a range of defence specialised components.
- The contract value is Rs 26.44 crore excluding GST, focusing on refrigeration and electrical parts for defence applications.
- Delivery time frame for the order is set at 5th July 2027.
Key details
- Order includes electronic control cards and modules, compressor inverters, pump bearings, impellers, casings and shafts, canned motors, condensers, evaporators, and electrical components.
- Garden Reach Shipbuilders & Engineers Limited is a Government of India undertaking under the Ministry of Defence.
- The contract is not related to any promoter interest or related party transactions of Shree Refrigerations Limited.
Background and context
- Shree Refrigerations Limited has over 35 years of experience in refrigeration and HVAC systems and has been defence sector focused for about a decade.
- The company was publicly listed on the stock exchange on August 1, 2025.
- The company endorses self-reliance (‘Atmanirbhar Bharat’) by providing indigenous solutions for India’s defence sector.
Highlights
- Total order value: Rs 26,44,21,928 (excluding GST)
- Delivery deadline: July 5, 2027
- Order awarded by Garden Reach Shipbuilders & Engineers Limited, a Government of India undertaking
- Contract involves supply of specialised defence refrigeration and electrical parts
- No promoter or related party interest in the contract
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026
No promoter or promoter group interest in the entity awarding the order
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