Krystal Integrated Services Limited (KISL) has announced the formation of a new wholly-owned subsidiary, Krystal Waste Works Private Limited (KWWPL), marking its entry into the waste management industry. The move signifies KISL's strategic expansion and diversification of its service portfolio.

Key Details of the New Subsidiary

• Name: Krystal Waste Works Private Limited (KWWPL)
• Incorporation Date: September 2, 2025
• Corporate Identification Number (CIN): U38210MH2025PTC455888
• Authorized Share Capital: ₹1.00 lakh
• Subscribed/Paid-up Share Capital: ₹1.00 lakh

Business Focus

KWWPL is set to operate in the waste management sector, with a comprehensive range of services including:

• Collection, segregation, transportation, processing, and disposal of various types of waste
• Design and operation of waste management facilities
• Consultancy and technical services in environmental protection and sustainability

Strategic Objectives

The establishment of KWWPL aligns with Krystal Integrated Services' strategy to:

1. Explore new business opportunities in the country
2. Expand its service portfolio
3. Strengthen overall operations
4. Mitigate risks in existing business lines

Management and Ownership

KWWPL is a 100% owned subsidiary of Krystal Integrated Services Limited. The initial directors of the new entity include:

• Ms. Neeta Prasad Lad
• Mr. Shubham Prasad Lad
• Ms. Saily Prasad Lad

These individuals are also Whole-time Directors and Promoters of the parent company, KISL.

Industry Outlook

The formation of KWWPL reflects the growing importance of waste management services in India. As environmental concerns continue to rise, companies specializing in waste collection, processing, and sustainable disposal are likely to play a crucial role in urban development and environmental protection initiatives.

Regulatory Compliance

KISL has duly informed the stock exchanges about this development, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also adhered to the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its disclosure.

This strategic move by Krystal Integrated Services into the waste management sector through its new subsidiary demonstrates the company's commitment to diversification and sustainable growth.

Krystal Integrated Services Limited (KISL), a company with a market capitalization of ₹900.00 crore, has announced a significant business development. The company has secured a substantial contract worth approximately ₹370.00 crore from the Commissionerate of Social Welfare, Pune.

Contract Details

According to the company's filing with the stock exchanges, the contract entails providing Mechanized Housekeeping Services and Outsourced Manpower Services. The agreement was received by Krystal Integrated Services on September 1, 2025, and is set to span a period of five years.

Key Points of the Contract

• Service Scope: Mechanized Housekeeping Services and Outsourced Manpower Services
• Duration: 5 years
• Approximate Value: ₹370.00 crore (excluding all duties and taxes)
• Nature: Domestic contract, awarded in the ordinary course of business

Company Disclosure

Krystal Integrated Services Limited made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company confirmed that the contract does not fall under related party transactions, and neither the promoter nor the promoter group has any interest in the awarding entity.

This new contract represents a significant opportunity for Krystal Integrated Services, potentially boosting its revenue stream over the next five years. The substantial contract value of ₹370.00 crore, compared to the company's market capitalization of ₹900.00 crore, underscores the importance of this deal for KISL's future growth prospects.