Pursuant to the provisions of regulation 30 read with sub-para 4, para B, part A, Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (listing regulations), ....
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Shree Refrigerations Ltd has received a domestic supply order from Material Organisation (Mumbai) for magnetic bearing compressors. The total order value is Rs. 1.94 crore (Rs. 1,94,25,000). The delivery timeline is 365 days from the execution of the supply order. The order is from a domestic entity and is not a related party transaction, with no promoter or group company interest in the awarding entity.
This is a modest new order worth about Rs. 1.94 crore for Shree Refrigerations, providing incremental revenue visibility. However, given the order size relative to the company's likely revenue base, the direct impact on the stock is likely limited unless similar orders continue to flow in.