Krystal Integrated Services Limited , a facility management services provider, has announced a significant new contract worth ₹168.00 crore, bolstering its position in the healthcare sanitation sector. This development comes as a positive signal for the company, which currently boasts a market capitalization of ₹900.00 crore.

Contract Details

The company has secured a contract from the Director of Medical Education (DME) in Vijayawada, Andhra Pradesh. The scope of work includes providing Sanitation (House Keeping) Services for hospitals and institutions under the control of DME. The contract covers Zone-I, which encompasses several districts including Srikakulam, Vizianagaram, Parvathipuram Manyam, Alluri Sitaramaraju, Visakhapatnam, Anakapalli, Kakinada, Konaseema, and East Godavari.

Key Highlights of the Contract

Company Disclosure

In compliance with regulatory requirements, Krystal Integrated Services has made the necessary disclosures to the stock exchanges. The company confirmed that this contract is in the ordinary course of business and does not fall under related party transactions. Additionally, it was clarified that neither the promoter nor the promoter group has any interest in the entity awarding the contract.

Market Impact

This new order is significant for Krystal Integrated Services, representing a substantial addition to its order book. With a current market capitalization of ₹900.00 crore, this ₹168.00 crore contract over three years could potentially have a positive impact on the company's revenue stream and market perception.

Investor Relations

In a separate announcement, Krystal Integrated Services also informed the exchanges about upcoming investor interactions. The company's management is scheduled to meet with Share India Securities Ltd in Chennai for a roadshow on September 18, 2025. This engagement with investors highlights the company's commitment to maintaining open communication with the financial community.

The securing of this substantial contract, coupled with proactive investor relations activities, may signal Krystal Integrated Services' focus on growth and transparency in its operations.

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:

1. Explore new business opportunities in the country
2. Expand its portfolio through independent subsidiaries
3. 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:

1. Ms. Neeta Prasad Lad
2. Mr. Shubham Prasad Lad
3. 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.