Krystal Integrated Services Ltd Incorporates a Special Purpose Vehicle for Solar Energy Production

Krystal Integrated Services Ltd has incorporated a Special Purpose Vehicle (SPV) named 'Advait Krystal Solar Energy SPV Private Limited' on March 18, 2026. The SPV has been incorporated under the Companies Act, 2013, with a authorized capital of Rs.1,00,000/- and a subscribed/paid-up share capital of Rs. 1,00,000/-. The SPV is a joint venture with M/s. Advaita Enterprises International Private Limited and is registered in Maharashtra. The SPV has been incorporated to carry on the business of producing, generating, transmitting, distributing, and supplying solar energy, wind energy, and all other forms of energy, including renewable and alternative energy. The Company has subscribed to 49% of the paid-up share capital amounting to 349,000.