Award of Work Order to Subsidiary Company by Mumbai Police, Home Department, Government of Maharashtra.
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NIS Management Ltd's subsidiary, NIS Facility Management Services Private Limited, has been awarded a work order by the Mumbai Police, Home Department, Government of Maharashtra. The work involves project planning and management, network connectivity, operation & maintenance (O&M), and warranty of CCTV cameras on a milestone basis. The total contract value is INR 2.18 crore inclusive of all taxes. The service period runs from April 1, 2026 to May 3, 2026, which is a short, roughly one-month duration. The order has been awarded by a domestic government entity with no promoter or related party interest involved.
This is a small-ticket government contract for a short period, so it is unlikely to be a major revenue driver on its own. However, it adds credibility to the subsidiary's ability to win government projects, which may support future order wins.