NIS Management Ltd Secures ₹11.9 Million Work Order from West Bengal State Electricity Distribution Company Limited
NIS Management Ltd has been awarded a significant work order by the West Bengal State Electricity Distribution Company Limited (WBSEDCL). The contract involves providing specialized security and safety services across various installations within WBSEDCL’s jurisdiction.The total value of the work order stands at ₹11,90,28,674.48, inclusive of Goods and Services Tax (GST). This contract represents a substantial business achievement for NIS Management Ltd as it continues to expand its service portfolio.
The scope of the assignment involves the deployment of security personnel. These personnel will provide essential safety, security, and guarding services to protect the installations and equipment belonging to NIS at various site offices operated by WBSEDCL.
Key operational and financial details concerning the contract include:
| Detail | Specification |
|---|---|
| Client Entity | West Bengal State Electricity Distribution Company Limited (WBSEDCL) |
| Nature of Service | Deployment of security personnel providing safety, security, and guarding services. |
| Contract Value | ₹11,90,28,674.48 (inclusive of GST) |
| Execution Period | Two years, commencing from August 01, 2026 |
| Transaction Type | Domestic entity order; not classified as a Related Party Transaction. |
The securing of this work order is viewed by the management as a confirmation of the expertise and dedication of their team. The contract is set to commence in August 2026 and run for two years, supporting NIS Management Ltd’s ongoing operational growth trajectory.
Stock Price Movement
NIS Management Ltd settled at ₹48.00 in the post-market session, marking a strong gain of 6.19%. The shares moved throughout the day between an intraday low of ₹46.50 and a peak high of ₹48.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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