Krystal Integrated Services Limited has issued a postal ballot notice seeking shareholder approval for two significant corporate actions through remote e-voting. The company, formerly known as Krystal Integrated Services Private Limited, announced these proposals in its notice dated January 22, 2026.

Key Resolutions for Shareholder Approval

The postal ballot includes two resolutions requiring shareholder consent:

Authorized Share Capital Enhancement

The company proposes to increase its authorized share capital from Rs. 15,00,00,000/- (Rupees Fifteen Crores only) divided into 1,50,00,000 (One Crore Fifty Lakh) equity shares of Rs. 10/- each to Rs. 19,00,00,000/- (Rupees Nineteen Crores only) divided into 1,90,00,000 (One Crore Ninety Lakh) equity shares of Rs. 10/- each. This increase will facilitate the company's proposed fund-raising activities, including the planned QIP issuance.

The current issued, subscribed and paid-up share capital stands at Rs. 13,97,19,520/- (Rupees Thirteen Crore Ninety-Seven Lakh Nineteen Thousand Five Hundred and Twenty only) divided into 1,39,71,952 equity shares of Rs. 10/- each.

Qualified Institutions Placement (QIP) Proposal

The company seeks approval to raise capital through a QIP for an amount aggregating up to Rs. 300 Crores (Rupees Three Hundred Crores only) in one or more tranches. The QIP will involve issuance of equity shares to eligible Qualified Institutional Buyers (QIBs) in accordance with SEBI regulations.

Proposed Use of QIP Proceeds

The net proceeds from the QIP will be deployed for:

• Funding working capital requirements of the company
• Investment in subsidiaries through equity, preference capital, or debt
• Prepayment and/or repayment of outstanding borrowings from banks and financial institutions
• Funding inorganic growth through acquisitions and strategic initiatives
• General corporate purposes

E-voting Schedule and Process

The remote e-voting process details are as follows:

Compliance and Regulatory Framework

The postal ballot is conducted in compliance with Regulation 44 of SEBI Listing Regulations and provisions of Sections 108 and 110 of the Companies Act, 2013. The voting is restricted to electronic mode only, with no physical postal ballot forms being distributed to shareholders.

Shareholders whose email addresses are registered with the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited), or depositories will receive the notice electronically. The results will be declared within the stipulated time under applicable laws and communicated to BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

The Board of Directors recommends both resolutions for shareholder approval, with the company secretary Manishkumar Sangani overseeing the compliance aspects of the postal ballot process.

Krystal Integrated Services Limited announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, alongside significant corporate developments approved by the Board of Directors on January 22, 2026.

Financial Performance Overview

The company delivered steady financial performance in Q3FY26, with consolidated operations showing resilience across its key business segments.

For the nine-month period ended December 31, 2025, the company reported consolidated revenue from operations of ₹9,123.37 million compared to ₹7,996.83 million in the corresponding period of the previous year, representing a growth of 14.09%. Net profit for the nine-month period stood at ₹455.02 million, marginally lower than ₹455.82 million in the previous year.

Segment-wise Performance

The company's business segments demonstrated varied performance during the quarter, with manpower services maintaining its position as the primary revenue contributor.

The catering services segment showed remarkable growth, with revenue increasing from ₹135.86 million in Q3FY25 to ₹398.37 million in Q3FY26. However, the IT enabled services segment experienced a decline from ₹93.30 million to ₹15.70 million during the same period.

Major Corporate Actions Approved

The Board of Directors approved several significant corporate initiatives during their meeting on January 22, 2026.

Qualified Institutions Placement (QIP)

The company received approval to raise funds through a QIP for an aggregate amount up to ₹300 crores. The QIP will be conducted in accordance with SEBI regulations and will involve issuance of equity shares to qualified institutional investors. The Board has constituted a QIP Committee to undertake all necessary actions in connection with the proposed fundraising, subject to applicable approvals.

Authorised Share Capital Increase

The Board approved an increase in authorised share capital from ₹15.00 crores to ₹19.00 crores. The enhanced capital structure will comprise 1,90,00,000 equity shares of ₹10 each, compared to the existing 1,50,00,000 equity shares. This increase requires consequential amendments to the Memorandum of Association and is subject to shareholder approval and other regulatory clearances.

Operational Highlights

The company's consolidated results include seven wholly-owned subsidiaries and one joint venture. Key subsidiaries showed mixed performance during the quarter:

• Krystal Gourmet Private Limited: Generated revenue of ₹405.91 million with net profit of ₹21.62 million
• Flame Facilities Private Limited: Reported revenue of ₹67.87 million with a net loss of ₹1.47 million
• Taskmaster Private Limited: Recorded minimal revenue of ₹0.22 million with a net loss of ₹3.70 million

The joint venture Krystal-Aqua chem JV contributed ₹0.36 million as Krystal Integrated Services' share of profit during the quarter.

Financial Position and Outlook

The company maintained a stable financial position with paid-up equity share capital of ₹139.72 million. Employee benefits expense, the largest cost component, stood at ₹2,273.74 million for Q3FY26 compared to ₹2,279.96 million in Q3FY25. The company's effective tax management resulted in total tax expenses of ₹23.52 million for the quarter, benefiting from excess provisions of earlier years amounting to ₹28.47 million.

The proposed corporate actions, including the QIP and capital increase, are subject to postal ballot approval from shareholders, with the notice to be communicated in due course. These initiatives position the company for potential expansion and enhanced operational capabilities in its core service segments.