Krystal Integrated Secures Rs. 81 Crore Waste Management Contract
Filing Summary
Krystal Integrated Services Limited has received a work order from the Vasai Virar City Municipal Corporation. The contract involves door-to-door collection, segregation, and transportation of municipal solid waste, including street cleaning, for Prabhag “G”. The agreement is valued at approximately Rs. 81 Crore, excluding duties and taxes, and spans a period of five years. This contract is in compliance with the Solid Waste Management Rules 2016. The work order was issued on January 9, 2026, and received by Krystal on January 12, 2026.
Krystal Integrated Services Limited has announced the receipt of a work order from the Vasai Virar City Municipal Corporation. The order, dated January 9, 2026, was received by the company on January 12, 2026. It involves the door-to-door collection, segregation, and transportation of municipal solid waste, including street cleaning, for Prabhag “G”. This contract is in compliance with the Solid Waste Management Rules 2016 and is valued at approximately Rs. 81 Crore, excluding all duties and taxes.
The contract is set for a duration of five years and is part of the company’s ordinary course of business. The work order number is V.V.S.M. GN /1987/2026. The project will focus on ensuring that waste is transported to designated locations as per the stipulated guidelines.
The contract was awarded by a domestic entity, and there is no involvement of international parties. The company has confirmed that neither the promoter group nor any group companies have any interest in the entity that awarded the contract. Additionally, the transaction does not fall within related party transactions.
Vasai Virar City Municipal Corporation is responsible for the civic infrastructure and administration of the Vasai-Virar region. The corporation focuses on maintaining urban infrastructure and services, including waste management, to enhance the quality of life for its residents.
Krystal Integrated Services Limited specializes in providing integrated facility management and environmental services. The company focuses on delivering efficient waste management solutions and maintaining compliance with regulatory standards. Krystal aims to enhance operational efficiency in its service delivery across various sectors.