Shree Refrigerations Limited (formerly Shree Refrigerations Private Limited) has announced a strategic agreement through its wholly-owned subsidiary, Trezor Technologies Private Limited, with M/s Smardt Chillers Pte. Ltd., Singapore. The agreement, approved by the boards of both Trezor and Shree Refrigerations on September 4, 2025, aims to strengthen the company’s presence in the data center cooling segment in India.
Under the terms of the agreement, effective from September 1, 2025, to December 31, 2027, Trezor Technologies will handle the promotion, marketing, sales, installation, and after-sales services of Smardt chillers across India. Smardt Chillers will provide the necessary technical support, training, and promotional materials while sharing marketing costs with Trezor.
This collaboration enables Shree Refrigerations to expand its footprint in the high-growth data center sector while leveraging Smardt’s international expertise in advanced chiller solutions. The agreement is not a related-party transaction and carries no impact on the management or control of Shree Refrigerations.
