Shree Refrigerations received new orders worth ₹23.74 crore from Material Organisation (Mumbai) and Mazagon Dock Shipbuilders. The projects include a ₹4.12 crore Magnetic Bearing Compressor AC Plant and a ₹19.62 crore Turnkey HVAC System for Coast Guard ships, both due by September 2029, strengthening its presence in India’s defence sector.