NIS Management Bags ₹14.65 Cr Work Order for Housekeeping Services
NIS Management Ltd has announced the receipt of a significant work order from the Office of Chief Engineer (Patna), Building Construction Department. The contract is for providing Housekeeping, Operation & Maintenance Services for Officers Housing Premises at Gardanibagh, Patna. The total value of this work order is ₹14,64,95,355 (approximately ₹14.65 Crores) inclusive of applicable taxes. The duration of the contract is for five years from the issuance date. The company views this as a testament to its team's dedication and expertise and looks forward to collaborating with the department. This award is not considered a related party transaction and the promoter group has no interest in the awarding entity.
Key Highlights
- NIS Management secures a ₹14.65 Cr work order for housekeeping services.
- Contract awarded by the Office of Chief Engineer (Patna), Building Construction Department.
- Services include Housekeeping, Operation & Maintenance for Officers Housing Premises.
- The contract has a duration of five years.
- No promoter/group interest in the awarding entity; not a related party transaction.
Price Impact
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