Receipt of Work Order from ORMAS, PR & DW Department.
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 01 Aug 2026, 05:46 PM IST · BSE ID: 1674bbea-8e20-4db1-b1d0-cf4f599b6ca0
View Original BSE Filing (PDF)
💡
In Simple Terms
NIS Management will train and help find jobs for 1200 young people in Odisha for Rs. 7.93 Crore.
🤖 AI Summary
- NIS Management awarded Rs. 7,92,86,840 work order from ORMAS, Odisha.
- Contract is for training and placement of 1200 rural youth.
- Project operates under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY).
- This order win expands the company's service portfolio into skill development.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Work Order Value
Rs. 7,92,86,840/-
Number of Rural Youth
1200
🏢 How This Affects the Company
This order win diversifies NIS Management's business into skill development and government-backed rural youth employment projects.
The Rs. 7,92,86,840 work order will contribute to the company's revenue, the financial impact will be realized as the project progresses.
The company will need to establish training infrastructure and placement networks for 1200 rural youth in Odisha.
The company faces execution risk in achieving training and placement targets for 1200 individuals within the project timeline.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders regarding this work order announcement.
👤
Who Is Affected
All shareholders are affected by this business development that contributes to the company's order book and future revenue potential.
🔍
Management Signal
The order signifies management's strategic intent to expand into government-backed skill development initiatives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Commencement of project execution by NIS Management Ltd.
Recognition of revenue from this work order in financial results.
Further order wins in the skill development sector.
LOW RISK
The filing is a standard order win disclosure with clear terms and value.
💡 Investor Takeaway
NIS Management secured a Rs. 7,92,86,840 work order from ORMAS for training and placement of 1200 rural youth under DDU-GKY project.
⚖️ Strengths & Concerns
✅ Positives
- Secured Rs. 7,92,86,840 work order for rural youth training and placement project.
- Awarded contract by a government department, indicating potential for future similar projects.
📅 Company Track Record
NIS Management Ltd. has previously secured work orders for security services and subsidiary won a CCTV contract from Mumbai Police.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the work order NIS Management received from ORMAS?
NIS Management received a work order valued at Rs. 7,92,86,840 from the Odisha Rural Development and Marketing Society.
What is the scope of the work order awarded to NIS Management?
The work order is for the training and placement of 1200 rural youth in the state of Odisha under the DDU-GKY project.
Which department awarded the work order to NIS Management?
The work order was awarded by the Odisha Rural Development and Marketing Society, Panchayati Raj & Drinking Water Department (ORMAS, PR & DW Department).
How many rural youth will NIS Management train under this project?
NIS Management will train and place 1200 rural youth in Odisha as part of this project.
Questions based on this BSE filing only. For information purposes.