Shree Refrigerations Ltd Secures Order for NGMV Project from Cochin Shipyard
Shree Refrigerations Ltd has received a significant domestic order from Cochin Shipyard Ltd for the supply of a 8 kw Refrigerations Plant designated for the Next Generation Missile Vessel (NGMV) Project.The contract details confirm that the order is domestic in nature. The total size of the order is valued at Rs. 4,83,49,286.24/- (Rupees Four Crore Eighty Three Lakh Forty Nine Thousand Two Hundred Eighty Six and Twenty Four Paisa Only), excluding GST.
The order requires Shree Refrigerations Ltd to complete the delivery by February 4, 2030.
The key contract parameters are as follows:
| Parameter | Detail |
|---|---|
| Entity Awarding the Order | Cochin Shipyard Ltd, Perumanoor, Kochi, Ernakulam, Kerala - 682015 |
| Product Supplied | 8 kw Refrigerations Plant for Next Generation Missile Vessel (NGMV) Project |
| Order Type | Domestic |
| Total Contract Size | Rs. 4,83,49,286.24/- (Excluding GST) |
| Delivery Timeline | February 4, 2030 |
The transaction involves no related party interest or dealings, confirming the order does not fall within related party transactions and is executed at arm's length.
Stock Price Movement
As of 15:03, Shree Refrigerations Ltd shares are ticking up to ₹223.00, gaining 3.34% in active trading. Throughout the day, the shares saw significant movement, trading within an intraday range from ₹212.00 to ₹225.00.Source:
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