Krystal Integrated Secures Rs. 83 Crore Waste Management Contract
Filing Summary
Krystal Integrated Services Limited has received a work order from the Vasai Virar City Municipal Corporation for door-to-door collection, segregation, and transportation of municipal solid waste. The contract, valued at approximately Rs. 83 Crore, is set for a duration of five years. This agreement involves cleaning streets and transporting waste to designated locations in compliance with the Solid Waste Management Rules 2016 for Prabhag “C”. The contract is awarded in the ordinary course of business and does not involve any related party transactions.
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 and transporting waste to designated locations. This is in compliance with the Solid Waste Management Rules 2016 for Prabhag “C”.
The contract is valued at approximately Rs. 83 Crore, excluding all duties and taxes, and spans a period of five years. The work order is identified as Work Order No. V.V.S.M.GN/1985/2026. The contract is awarded by a domestic entity and falls within the ordinary course of business for Krystal Integrated Services Limited.
The company has clarified that there is no interest from the promoter, promoter group, or group companies in the entity awarding the contract. Additionally, the contract does not constitute a related party transaction.
Vasai Virar City Municipal Corporation is responsible for municipal governance in the Vasai-Virar region. It focuses on urban infrastructure, public health, and sanitation services. The corporation regularly collaborates with service providers to enhance municipal services.
Krystal Integrated Services Limited specializes in integrated facility management and environmental services. The company focuses on providing comprehensive solutions for waste management, cleaning, and maintenance services across various sectors. Krystal Integrated Services Limited continues to expand its service offerings in line with regulatory requirements and industry standards.