Krystal Integrated Services Expands into Water Sector with New Subsidiary
Krystal Integrated Services Limited (KISL) has incorporated a wholly owned subsidiary, Krystal Water Resources Private Limited (KWRPL), on September 4, 2025, in Maharashtra. KWRPL, with an authorized and paid-up share capital of Rs. 1.00 lakh, will focus on water resource projects, water supply systems, treatment plants, and related services. Three whole-time directors of KISL have been appointed as the first directors of KWRPL. The new subsidiary aims to expand KISL's portfolio and explore opportunities in the water resources sector, aligning with the company's strategy for diversification and growth.
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Krystal Integrated Services Limited (KISL) has announced the incorporation of a wholly owned subsidiary, Krystal Water Resources Private Limited (KWRPL), marking its strategic entry into the water industry. The new entity, incorporated on September 4, 2025, in Maharashtra, aims to expand KISL's portfolio and explore new business opportunities in the water resources sector.
Key Details of the New Subsidiary
- Name: Krystal Water Resources Private Limited (KWRPL)
- Incorporation Date: September 4, 2025
- Corporate Identification Number (CIN): U37003MH2025PTC456199
- Authorized and Paid-up Share Capital: Rs. 1.00 lakh, comprising 10,000 equity shares of Rs. 10.00 each
Business Focus
KWRPL is set to operate in the water industry, with a comprehensive scope of activities including:
- Planning, designing, and developing water resource projects
- Constructing and maintaining water supply systems and irrigation systems
- Operating water treatment plants, desalination plants, and wastewater treatment facilities
- Managing stormwater drainage systems and water harvesting structures
- Providing consultancy and engineering services in the water resources field
Strategic Implications
The formation of KWRPL aligns with Krystal Integrated Services' strategy to:
- Explore new business opportunities in the country
- Expand its portfolio through independent subsidiaries
- Strengthen operations and reduce risks in existing business lines
Leadership
Three whole-time directors of Krystal Integrated Services Limited have been appointed as the first directors of the new subsidiary:
- Ms. Neeta Prasad Lad
- Mr. Shubham Prasad Lad
- Ms. Saily Prasad Lad
These directors are also promoters of the parent company, KISL.
Financial and Operational Status
As of now, KWRPL has not commenced business operations. The company's financial performance and operational details will be available once it begins its activities in the water sector.
Regulatory Compliance
The incorporation of KWRPL has been duly reported to the stock exchanges 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 Limited into the water resources sector through its new subsidiary reflects the company's commitment to diversification and growth in critical infrastructure areas. As KWRPL begins its operations, it will be interesting to observe how this expansion impacts KISL's overall business portfolio and market position in the coming years.
Historical Stock Returns for Krystal Integrated Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.29% | +0.02% | +4.12% | +47.25% | -20.31% | -7.19% |
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