Krystal acquires Citelum India for ₹10,000
after close1 source ↓written by the desknot a recommendation
- of Citelum India
- 100% equity
- Citelum India
- ₹10,000
Krystal Integrated Services signed a Share Purchase Agreement on 12 May 2026 to acquire 100% equity of Citelum India for ₹10,000. This acquisition, approved by the Board on 7 May 2026, positions Citelum as a wholly-owned subsidiary, enhancing Krystal's capabilities in smart city infrastructure management across major Indian cities.
• Citelum specializes in advanced smart lighting and IoT connectivity.
• The deal strengthens Krystal's foothold in the growing smart city sector.
Not investment advice. For informational purposes only.