NIS Management bags 11.90 Cr security order from WBSEDCL
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NIS Management has secured a 11.90 Crore security services work order from West Bengal State Electricity Distribution Company Limited (WBSEDCL), a state government entity. The 2-year contract starting August 1, 2026 involves deploying about 250 security personnel across WBSEDCL site offices in West Bengal. The order value includes GST with a 10 percent service charge on the gross amount. This strengthens the company presence in West Bengal where it already operates 18,000 personnel across 14 states.
Positive: new government PSU order adds revenue visibility for 2 years from August 2026 and reinforces West Bengal presence.