Announced Thu, 7 May · 17:30 IST

Krystal Integrated Services Limited has informed the Exchange about acquisition of 100% Equity Shares of Citelum India Private Limited by entering into a Share Purchase Agreement

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KRYSTAL · price

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹615.00
prior close
₹614.35
base price
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AI summary

Krystal Integrated Services Limited's Board approved the acquisition of 100% equity shares of Citelum India Private Limited (CIPL) through a Share Purchase Agreement. Upon completion, CIPL will become a wholly-owned subsidiary of KISL. The announcement also covers strong FY2026 financial results — consolidated revenue grew to Rs. 12,772.75 million from Rs. 12,127.84 million, with net profit after tax at Rs. 641.91 million vs Rs. 623.32 million in FY2025. The Board recommended a final dividend of Rs. 1.50 per share (15% on face value of Rs. 10), re-appointed five key directors including the Managing Director and CEO for three-year terms, and approved a postal ballot for shareholder approvals.

Likely market impact

The 100% acquisition of Citelum India marks KISL's expansion into a new subsidiary, consolidating its multi-service business model. Positive financial trajectory and shareholder-friendly dividend signal strong operational performance.