Krystal Integrated Secures Rs. 111 Crore Waste Management Contract
Filing Summary
Krystal Integrated Services Ltd has received a work order from Vasai Virar City Municipal Corporation. The contract involves door-to-door collection, segregation, and transportation of municipal solid waste, including street cleaning, for Prabhag “F”. The contract is valued at approximately Rs. 111 Crore, excluding duties and taxes, and spans a period of five years. This agreement is part of the company’s ordinary business operations and does not involve any related party transactions. The contract was awarded by a domestic entity, and there is no promoter interest in the awarding entity.
Krystal Integrated Services Ltd has announced the receipt of a work order from the Vasai Virar City Municipal Corporation. The contract, dated January 9, 2026, was received on January 12, 2026. It involves the door-to-door collection, segregation, and transportation of municipal solid waste, including street cleaning, for Prabhag “F”. This work is to be conducted in compliance with the Solid Waste Management Rules 2016.
The contract is valued at approximately Rs. 111 Crore, excluding all duties and taxes. The duration of the contract is five years. The work order is part of Krystal Integrated Services Ltd’s ordinary course of business. The contract was awarded by a domestic entity, and there is no involvement of related party transactions. Additionally, there is no interest from the promoter or promoter group in the entity that awarded the contract.
The work order is significant as it aligns with the company’s focus on providing comprehensive waste management services. The scope of work includes not only waste collection and transportation but also the cleaning of streets and ensuring compliance with relevant waste management regulations.
About Vasai Virar City Municipal Corporation: The corporation is responsible for the civic infrastructure and administration of the Vasai Virar region. It focuses on urban planning, waste management, and public health services to improve the quality of life for residents.
About Krystal Integrated Services Ltd: The company specializes in providing integrated facility management and environmental services. Its business priorities include expanding its service offerings in waste management and enhancing operational efficiencies. The company aims to leverage its expertise in environmental services to secure similar contracts in the future.