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AI-powered plain-English analysis of every important BSE announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Strictly sourced from BSE exchange announcements (equity segment only). We show only material, important filings.
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NIS Management Ltd
NIS Management Ltd. Secures ₹11.90 Cr Security Services Work Order in West Bengal
ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 06 Jul 2026, 07:03 PM IST  ·  BSE ID: 25b5c6cc-68d9-4e9d-b8c8-c3b796707784
View Original BSE Filing (PDF)
💡
In Simple Terms
NIS Management Ltd. has won a new contract worth ₹11.90 Crore to provide security guards for government electricity offices over two years.
🤖 AI Summary
  • NIS Management Ltd. secured a ₹11.90 Crore security services work order from WBSEDCL.
  • The contract includes deployment of approximately 250 security personnel.
  • Project execution is scheduled over a two-year period, commencing August 01, 2026.
  • The work order strengthens the company's presence in West Bengal and focus on public-sector clients.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Work Order Value
₹11.90 Crore
Contract Duration
Two years
Personnel Deployment
Approximately 250
🏢 How This Affects the Company
📈
Business Impact
This order win enhances NIS Management's order book and strengthens its position in the public sector security services market, particularly within West Bengal.
💰
Financial Impact
The ₹11.90 Crore order value will contribute to future revenue over the two-year execution period, impacting top-line growth.
⚙️
Operational Impact
The company will deploy approximately 250 security personnel, requiring workforce management and operational planning for service delivery.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required from shareholders based on this announcement.
👤
Who Is Affected
All shareholders are affected by the company securing new business, which contributes to its overall revenue and market standing.
🔍
Management Signal
Management is actively pursuing and securing contracts with government entities, indicating a focus on expanding its public-sector client base.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Order execution updates in subsequent financial results.
Company's pipeline for future public sector contracts.
Impact of new contract on operational efficiency and margins.
LOW RISK Standard risk associated with contract execution and client relationship management.
💡 Investor Takeaway
NIS Management secured a ₹11.90 Crore work order from WBSEDCL for security services over two years, reinforcing its presence in West Bengal.
⚖️ Strengths & Concerns

✅ Positives

  • Secured a significant ₹11.90 Crore work order from a state electricity distribution company.
  • Order execution over two years provides a visible revenue stream for the medium term.
📅 Company Track Record
Previous order wins include a ₹14.94 Crore renewal with Reliance Group and government CCTV contracts for subsidiaries worth INR 2,18,00,000 and INR 56,01,303/-.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the total value of the security services work order secured by NIS Management Ltd.?
The total value of the work order is ₹11.90 Crore, inclusive of Goods and Services Tax (GST).
Who awarded the ₹11.90 Crore work order to NIS Management Ltd.?
The work order was awarded by West Bengal State Electricity Distribution Company Limited (WBSEDCL).
What is the duration of the security services contract awarded to NIS Management Ltd.?
The contract will be executed over a period of two years, commencing from August 01, 2026.
Approximately how many security personnel will NIS Management deploy for the WBSEDCL contract?
NIS Management will deploy approximately 250 security personnel under the scope of this work order.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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