Krystal Integrated Services Limited has informed the Exchange about Bagging/Receiving of orders/contracts by an Associate Company.
KRYSTAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krystal Integrated Services' associate company, Advait Krystal Solar Energy SPV Private Limited (49% stake held by Krystal), has received a Rs. 138 crore contract from Directorate of Medical Education & Research (DMER), Maharashtra. The contract involves designing, engineering, supplying, installing, and maintaining rooftop solar PV systems at government hospitals and medical colleges across Maharashtra under a 25-year Built-Own-Operate-Transfer (BOOT) model. The contract was awarded on April 23, 2026, and is stated to be in the ordinary course of business. This is a domestic government order from a state authority.
The order is positive for shareholders as it represents a significant contract win through an associate entity. With Krystal holding a 49% stake, the company will proportionally benefit from this Rs. 138 crore solar energy project over its 25-year duration.