Subsidiary Wins INR 6.24 Crore Police Surveillance Order
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NIS Management's subsidiary NIS Facility Management Services has bagged a work order worth INR 6.24 crore (inclusive of taxes) from CRM Enterprise Business. Scope covers supplying and installing ANPR and IP-based CCTV surveillance systems across 09 police districts and 01 commissionerate, plus body-worn cameras and night vision binoculars, for the Inspector General of Police (North Bengal Region), West Bengal. The order must be completed by 15 December 2026. Not a related party transaction.
Near-term revenue boost for subsidiary from police/security order. Positive sentiment, though order size is modest for the listed entity.