Krystal Integrated Services Limited has informed the Exchange about entering into Share Purchase Agreement
KRYSTAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krystal Integrated Services Limited has entered into a Share Purchase Agreement (SPA) on May 12, 2026 to acquire 100% equity shares of Citelum India Private Limited (CIPL). The acquisition involves 5,00,00,000 equity shares representing the entire paid-up share capital and voting rights of CIPL. The aggregate consideration for this acquisition is Rs. 10,000 (Rupees Ten Thousand only), subject to adjustments per the SPA terms. Upon completion, CIPL will become a wholly-owned subsidiary of Krystal. The transaction is not a related party transaction and has been approved by the Board of Directors earlier.
This acquisition represents Krystal's expansion through a 100% buyout of another company, making CIPL its wholly-owned subsidiary. The deal value of Rs. 10,000 suggests either a nominal transfer price or the company being acquired may have minimal assets or be in early stage. Shareholders should monitor for further disclosures on CIPL's financials and business rationale.