Krystal Integrated Services Limited has informed the Exchange about Intimation of Incorporation of Wholly Owned Subsidiary
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Krystal Integrated Services Limited has incorporated a wholly owned subsidiary named Krystal Power Resources Private Limited (KPRPL) on August 21, 2025, in Maharashtra, with a CIN of U35100MH2025PTC454914. The new subsidiary has an authorized and paid-up capital of Rs. 1,00,000 (10,000 equity shares of Rs. 10 each), fully subscribed by Krystal Integrated Services in cash. KPRPL will operate in the power industry, focusing on power generation, transmission, distribution, and renewable energy (solar, wind, hydro, hydrogen, etc.), and is yet to commence business operations. The promoters of Krystal Integrated Services — Neeta Prasad Lad, Shubham Prasad Lad, and Saily Prasad Lad — will serve as the first directors of the new entity.
This is a small initial investment (Rs. 1 lakh) to set up a new vertical in the power and renewable energy space, signaling management's intent to diversify beyond the company's existing business lines. Since it is a wholly owned subsidiary, there is no equity dilution for existing shareholders, and the financial impact at this stage is negligible. The real impact will depend on the scale of capital and operations the company deploys into KPRPL going forward.