# Shree Refrigerations incorporates Aquilon Ltd for HVAC manufacturing

Shree Refrigerations Limited incorporated Aquilon Limited as a wholly owned subsidiary on October 15, 2026, with an initial paid-up capital of ₹2.5 crore, to design and manufacture HVAC systems including chillers and heat pumps.

- Type: Investment
- Announced: 2026-10-15
- Where: India
- Status: announced
- Products: air cooled chillers, water cooled chillers, industrial chillers, air source heat pumps, water source heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Shree Refrigerations](https://endata.com/companies/14378.md)
- [Aquilon](https://endata.com/companies/94612.md) (partner)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/companies/shree-refrigerations-incorporates-aquilon-ltd-hvac-manufacturing/53608938), 2026-10-15: "This move expands the parent company's operational footprint into specialized cooling and heating equipment manufacturing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.