Krystal Integrated Services Ltd to Incorporate SPV with Advaita Enterprises

Krystal Integrated Services Ltd announced the incorporation of a Special Purpose Vehicle (SPV) in collaboration with Advaita Enterprises International Private Limited. The SPV, named 'M/s. Advait Krystal Solar Energy SPV Private Limited', will be an Associate Company of Krystal Integrated Services Ltd upon incorporation. The main objects of the SPV include producing, generating, transmitting, distributing, and supplying solar energy, wind energy, and all other forms of energy. Krystal Integrated Services Ltd will initially invest Rs.49,000/- by subscribing to 4,900 Equity Shares of Rs.10/- each in the Proposed SPV, holding 49.00% of the shares.