Shree Refrigerations Limited has incorporated a wholly-owned subsidiary named Aquilon Limited. This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.
Subsidiary Details
- Name of Company: Aquilon Limited
- Date of Incorporation: 15th October 2026
- Country of Incorporation: India
- Holding Company Relationship: Wholly owned subsidiary of Shree Refrigerations Limited
- Industry: Manufacturing
- Business Activities: Designing, manufacturing, assembling, supplying, commissioning, installing, servicing, repairing, importing, exporting and dealing in all types of chillers, heat pumps, refrigeration, cooling, heating and HVAC systems including air cooled chillers, water cooled chillers, industrial chillers, air source heat pumps, water source heat pumps and allied equipment, components, spare parts, controls and automation systems
Financial Details
- Nature of Consideration: 100% cash subscription to initial paid-up share capital
- Cost of Subscription: ₹2,50,00,000 (Rupees Two Crore Fifty Lakh Only)
- Share Structure: 2,50,000 (Two Lakh Fifty Thousand) Equity Shares of ₹100 (Rupees One Hundred Only) each
- Shareholding Percentage: 100% held by Shree Refrigerations Limited
Regulatory Approvals
No governmental or regulatory approvals were required for the incorporation as indicated by "NA" in the disclosure.
Additional Information
The intimation has been placed on the company's website at www.shreeref.com. The disclosure was signed by Tanmay Mukund Pethkar, Company Secretary and Compliance Officer (Membership No. A53618) on behalf of Shree Refrigerations Limited.