Krystal Integrated Services Limited announced the results of its postal ballot, indicating that shareholders have approved two key resolutions. The first, an ordinary resolution, allows for an increase in the company's authorized share capital from ₹15 crore to ₹19 crore. This involves increasing the number of equity shares from 1.50 crore to 1.90 crore, each with a face value of ₹10, and a consequential amendment to the Memorandum of Association. The second resolution, a special resolution, grants approval to raise capital up to ₹300 crore through a Qualified Institutions Placement (QIP) in one or more tranches. This capital raise will be directed towards eligible investors, with the details of the issuance, including pricing and allotment, to be determined by the Board of Directors. Both resolutions were passed with a requisite majority through remote e-voting, which concluded on March 01, 2026. The company had previously submitted the postal ballot notice on January 22, 2026.
