NIS Management’s subsidiary, NIS Facility Management Services, has secured a Rs 6.24 crore contract from CRM Enterprise Business. The project involves installing advanced surveillance systems, including ANPR and CCTV networks, across North Bengal police districts by December 2026. This win strengthens the company's execution pipeline in the security and facility management space.
NIS Management Subsidiary Wins Rs 6.24 Crore Surveillance Contract
Order value: Rs 6.24 crore.
Project completion deadline: December 15, 2026.
Reader Takeaway: New order bolsters revenue visibility, though timely execution across multiple police districts remains the critical monitoring point.
What just happened
NIS Management Ltd has announced that its subsidiary, NIS Facility Management Services Private Limited, has been awarded a work order valued at Rs 6.24 crore. The contract was issued by CRM Enterprise Business Private Limited.
Why this matters
This order highlights the company's capabilities in high-stakes security infrastructure. The project includes the supply, installation, testing, and commissioning of sophisticated technology, including Automatic Number Plate Recognition (ANPR) systems and IP-based CCTV surveillance. These systems will be deployed across 09 police districts and 01 commissionerate under the Inspector General of Police (North Bengal Region), West Bengal. The scope also extends to supplying body-worn cameras and night vision binoculars.
Corporate Governance
NIS Management has confirmed that this transaction is not a related party transaction. The company stated that its promoters, promoter group, and group companies have no financial or material interest in the awarding entity, CRM Enterprise Business Private Limited.
What to track next
Investors should monitor the company's ability to maintain project timelines leading up to the December 2026 deadline. Given the geographic spread across North Bengal, effective execution will be key to revenue realization and potential margin stability in the coming quarters.