NIS Management Ltd

NIS Management Ltd has filed its 20th Annual Report for the Financial Year 2025-26. The report will be presented for approval at the company's 20th Annual General Meeting (AGM) scheduled for Friday, September 25, 2026, at 12:00 PM, conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The annual report details the company's performance, business operations, financial statements, and strategic outlook. NIS Management is a prominent provider of organized security and integrated facility management services in eastern India, employing approximately 18,000 people across 1,500 client sites in 14 states. The company's services include manned guarding, housekeeping, technical maintenance, payroll administration, electronic security, and investigation. It also operates skill development through group entities. The report highlights a four-decade operating record and a robust workforce supply chain.

NIS Management Ltd has announced that its 20th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 12:00 P.M. IST. The meeting will be conducted entirely through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in compliance with relevant provisions of the Companies Act, 2013, and SEBI regulations. Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and the re-appointment of Mrs. Nilima Neogi as Executive Director. The company has cited MCA and SEBI circulars permitting virtual AGMs. The deemed venue is the company's registered office in Kolkata. Due to the virtual format, proxy appointments will not be available, and participation is limited to 1000 members on a first-come, first-served basis.

NIS Management Ltd. has commented on a ₹95,000 fine levied by BSE for non-compliance with SEBI LODR Regulations concerning financial results for the period ended March 31, 2026. The fine was for not including requisite half-yearly figures in quarterly submissions. The company has taken corrective action by submitting revised results and has requested a waiver of the fine. The Board has advised strengthening internal compliance mechanisms to prevent future procedural lapses. The company emphasizes its commitment to regulatory compliance and corporate governance.

NIS Management Ltd's Board of Directors met on September 2, 2026, approving the Board's Report for FY 2025-2026. The 20th Annual General Meeting (AGM) is scheduled for September 25, 2026, conducted via Video Conference. Cut-off dates for AGM notice dispatch and e-voting eligibility were set for August 28 and September 18, 2026, respectively. The company also appointed NSDL as the e-voting agency and engaged FCS Himanshu Surendrakumar Gupta as scrutinizer. M/s. HM & Associates and M/s. Moore Singhi Advisors LLP were appointed as Secretarial Auditor and Internal Auditor for FY 2026-27, respectively.

NIS Management Ltd. has received a work order from the Department of Technical Education Training & Skill Development, Government of West Bengal. The order is for training 210 rural youth and facilitating placement for 150 rural youth under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) project in West Bengal. The total value of the work order is ₹1,50,31,455/-. The contract is to be executed within 36 months. This award is seen as a testament to the company's expertise and is expected to contribute to its business objectives.

NIS Management Limited has been awarded the "SME Rhodium" status by the State Bank of India (SBI), the highest tier in SBI's SME Star Rating Programme. This recognition, among over 2.3 million MSME customers, acknowledges the company's strong partnership with SBI, consistent banking history, financial discipline, and ongoing engagement. As an "SME Rhodium" customer, NIS Management will benefit from relationship perks including interest rate concessions, enhanced credit facilities, priority consideration for business banking requests, and access to tailored financial solutions. The company views this as a testament to its robust relationship with SBI and its commitment to financial prudence.

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 comprehensive housekeeping, operation, and maintenance of Type-A and B flats at Gardanibagh, Patna. The total value of this work order is ₹19,56,93,449 (approximately ₹19.57 Crores) inclusive of applicable taxes. The duration for the execution of this contract is five years from the issuance date. The company views this award as a testament to its team's dedication and expertise and anticipates a successful collaboration with the awarding department.

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.

NIS Management Limited announced its unaudited Q1 FY27 financial results, reporting a strong performance with total income reaching ₹115.44 Cr, a 15.68% year-on-year increase. EBITDA grew by 36.24% to ₹9.22 Cr, and Profit After Tax (PAT) rose by 35.00% to ₹6.40 Cr. The company highlighted improved operating efficiencies and disciplined execution contributing to margin expansion. Key business wins during the quarter include significant facility management mandates from Reliance Group entities totaling ₹45.71 Cr, and orders from Nesco Limited and West Bengal PWD. NIS Management, an integrated services platform specializing in security and facility management, aims to strengthen its market position through service expansion and technology adoption.

NIS Management Ltd has filed a statement confirming no deviation or variation in the utilization of its Initial Public Offer (IPO) proceeds for the quarter ended June 30, 2026. The company raised ₹5,174.82 Lakhs through its IPO, which was listed on September 2, 2025. As of June 30, 2026, ₹1,489.32 Lakhs has been utilized towards the stated objects, with the remaining ₹3,685.50 Lakhs temporarily parked in fixed deposits and current accounts. The utilization aligns with the objects disclosed in the prospectus, with a minor variation in 'Offer Related Expenses' resulting in a slight overutilization of ₹75.80 Lakhs in that specific category.