ALFA Filings
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Ice Make Refrigeration invested ₹35.27 Crore for a 40% stake in its new joint venture, Ice Make Horeca Private Limited, to expand commercial refrigeration offerings.
Board approved a preferential allotment raising ₹190 Crore at ₹802.51 per share. It also approved a ₹35.27 Crore investment in the Ice Make Horeca JV.
Ice Make Refrigeration has issued the notice for its 17th Annual General Meeting to be held on September 30, 2026.
Ice Make Refrigeration Limited filed its 17th Annual General Meeting notice and the Annual Report for FY 2025-26 with the exchange.
Ice Make delivered strong 60.4% revenue growth but suffered severe margin contraction to 1.7% due to unpassed raw material costs and aggressive capacity investments.
ICE Make Refrigeration Ltd reported revenue from operations of ₹178.9 Cr (+60.4% YoY) and a net loss of ₹1.7 Cr for Q1 FY27.