StockWatch
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Other Consumer Services
Deals9 Oct 2026, 04:07 pm

NIS Management Subsidiary Bags ₹6.24 Cr CCTV Order

AI Summary

NIS Management Ltd's subsidiary, NIS Facility Management Services Private Limited, has secured a significant work order worth INR 6,24,49,223.78 (₹6.24 Crore) from CRM Enterprise Business Private Limited. The order involves the Supply, Installation, Testing & Commissioning of ANPR and IP-Based CCTV Surveillance Systems for 9 Police Districts and 1 Commissionerate in West Bengal, along with Body-Worn Cameras and Night Vision Binoculars. The project is to be executed by December 15, 2026. This contract highlights the subsidiary's capabilities and is not considered a related party transaction.

Key Highlights

  • Subsidiary awarded a major CCTV surveillance system contract.
  • Total order value stands at ₹6.24 Crore.
  • Project includes ANPR, IP-based CCTV, body-worn cameras, and night vision binoculars.
  • Execution deadline set for December 15, 2026.
  • Contract is with a domestic entity and not a related party transaction.