2 weeks ago
Krystal Integrated Services Wins Rs 134 Crore MSRTC Facility Contract
A company called Krystal Integrated Services has been given a big job by a government bus company in India called MSRTC.
The job is worth about 134 crore rupees, which is a very large amount of money.
Krystal will take care of support services like cleaning, guarding, and keeping buildings in good shape.
These services will be provided in two areas: Mumbai and Chhatrapati Sambhaji Nagar.
The agreement will last for three years.
MSRTC sent the official order on August 18.
Krystal told the stock market about this news the same day.
The company said this is a normal business deal and is not connected to its own owners.
Krystal did not tell everyone exactly which buildings it will look after or when work will start.
This is happy news for the company because it means steady work for the next three years.
Krystal Integrated Services has received a work order worth approximately Rs 134 crore from the Maharashtra State Road Transport Corporation (MSRTC).
The three-year contract covers integrated facility management services in Mumbai and Chhatrapati Sambhaji Nagar.
The company announced the order in an exchange filing on Tuesday, August 18, with MSRTC issuing the work order the same day.
Krystal confirmed the contract is not a related-party transaction and that its promoters have no interest in MSRTC.
The company did not disclose the specific facilities, expected annual revenue, or the exact date services will begin.
- Who
- Krystal Integrated Services Limited, awarded the contract by the Maharashtra State Road Transport Corporation (MSRTC)
- What
- A three-year integrated facility management contract worth approximately Rs 134 crore
- Where
- Mumbai and Chhatrapati Sambhaji Nagar in Maharashtra, India
- When
- Announced via an exchange filing on Tuesday, August 18, when MSRTC issued the work order
- Why
- MSRTC awarded the domestic contract for facility management services across its allocated regions
Key facts
- Contract value
- Approximately Rs 134 crore (including all applicable taxes)
- Contract duration
- Three years
- Client
- Maharashtra State Road Transport Corporation (MSRTC)
- Service areas
- Mumbai and Chhatrapati Sambhaji Nagar
- Work order date
- August 18
- Transaction type
- Independent domestic order; not a related-party transaction
- Stock identifiers
- BSE code 544149; NSE symbol KRYSTAL










