KRN Heat Exchanger and Refrigeration Limited: Expansion Update

KRN Heat Exchanger and Refrigeration Limited has announced a strategic expansion move through its wholly-owned subsidiary, KRN HVAC Products Private Limited. In a regulatory filing dated April 1, 2026, the company confirmed the acquisition of a significant industrial plot in Rajasthan to bolster its manufacturing capabilities.

The subsidiary has entered into a registered deed with Shree Krishna Paper Mills & Industries Limited to purchase an industrial plot measuring 30,427.84 sq. mtr. The plot is located within the RIICO (Rajasthan State Industrial Development & Investment Corporation Limited) area at Shahjahanpur, District Alwar, Rajasthan.

The total consideration for this real estate acquisition is ₹8.52 Crore (₹8,51,98,000). This move signifies KRN's intent to scale its HVAC product manufacturing and infrastructure, leveraging the industrial ecosystem of Rajasthan.

Shares of KRN Heat Exchanger And Refrigeration Limited was last trading in BSE at Rs. 891.60 as compared to the previous close of Rs. 851.95. The total number of shares traded during the day was 54553 in over 2075 trades.

The stock hit an intraday high of Rs. 922.50 and intraday low of 876.05. The net turnover during the day was Rs. 49523609.00.

Source : Equity Bulls

Keywords

KRNHeatExchangerAndRefrigeration INE0Q3J01015 IndustrialProducts KRNHVACProducts