Krystal Integrated Services Secures ₹83 Crore Municipal Waste Management Contract from Vasai Virar Corporation
Krystal Integrated Services Limited has been awarded a ₹83.00 crore municipal solid waste management contract by Vasai Virar City Municipal Corporation for a 5-year period. The comprehensive contract covers door-to-door waste collection, segregation, transportation, and street cleaning services for Prabhag "C" in compliance with Solid Waste Management Rules 2016. The work order was issued on January 09, 2026, and represents a significant business opportunity in the domestic waste management sector with no related party involvement.

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Krystal Integrated Services Limited has secured a major municipal solid waste management contract from Vasai Virar City Municipal Corporation, marking a significant business development for the company. The work order, received on January 12, 2026, represents a substantial opportunity in the growing waste management sector.
Contract Details and Scope
The comprehensive waste management contract encompasses multiple service components designed to ensure effective municipal solid waste handling. The company will be responsible for door-to-door collection, segregation, and transportation of municipal solid waste, along with street cleaning services and transportation to designated locations.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹83.00 crores (excluding duties and taxes) |
| Contract Duration: | 5 years |
| Work Order Number: | V.V.S.M.GN/1985/2026 |
| Issue Date: | January 09, 2026 |
| Receipt Date: | January 12, 2026 |
| Service Area: | Prabhag "C" |
Service Specifications
The contract operates under the Solid Waste Management Rules 2016, ensuring compliance with current environmental regulations. The services are structured to provide comprehensive waste management solutions for the designated municipal area. Key service components include:
- Door-to-door municipal solid waste collection
- Waste segregation at source
- Transportation of collected waste
- Street cleaning and maintenance
- Transportation to designated disposal locations
Business Impact and Compliance
The contract represents a domestic engagement with no related party transactions involved. The company confirmed that promoters, promoter groups, or group companies have no interest in the awarding entity, ensuring arm's length transaction principles.
| Compliance Aspect: | Status |
|---|---|
| Entity Type: | Domestic |
| Related Party Transaction: | No |
| Promoter Interest: | No |
| Business Nature: | Ordinary course |
| Regulatory Compliance: | Solid Waste Management Rules 2016 |
Regulatory Disclosure
The company disclosed this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparent communication with stakeholders and regulatory authorities.
This contract award strengthens the company's position in the municipal services sector and demonstrates its capability to handle large-scale waste management operations. The 5-year duration provides revenue visibility and operational stability for the company's waste management division.
Historical Stock Returns for Krystal Integrated Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.73% | +18.02% | +14.91% | -3.06% | -10.04% | -13.12% |
















































