NIS Management Limited (BSE: 544495) has secured a work order valued at ₹11.90 crore, inclusive of GST, from the West Bengal State Electricity Distribution Company Limited (WBSEDCL). The contract entails the deployment of security personnel across multiple site offices under WBSEDCL's jurisdiction in West Bengal.
Contract Duration and Scope
The work order will be executed over a period of two years, commencing from August 1, 2026. Under the agreement, NIS Management will deploy approximately 250 security personnel to provide safety, security, and guarding services for WBSEDCL's installations and equipment at various site offices. The contract also includes a service charge of 10% on the applicable gross amount, excluding bonus, as per the contractual terms.
Strengthening Presence in West Bengal
This order reinforces NIS Management's established footprint in West Bengal, where the company has developed robust operational capabilities and experience in delivering security and integrated facility management services. The engagement further cements the company's position in the region and supports its strategy to expand relationships with institutional and public-sector clients.
With an experienced workforce, on-ground execution capabilities, and an integrated service portfolio, NIS Management remains focused on delivering reliable and process-driven services across diverse client locations.
Management Comment
Mr. Debajit Choudhury, Chairman & Managing Director of NIS Management Limited, commented: "We are pleased to have secured this work order from WBSEDCL, which further strengthens our presence in West Bengal, a key market where we have built strong operational capabilities over the years. We are happy to further expand our engagement in the state and contribute to the safety and security of critical installations and equipment across various locations. With our experienced workforce, established on-ground presence, and strong execution capabilities, we remain focused on delivering reliable and high-quality security services while continuing to strengthen our position across West Bengal and other key markets."
About NIS Management Limited
Founded in Kolkata in 1985 as a security and investigative services provider, NIS Management became a corporate entity in 2006. The company has since expanded into facility management, electronic security, and skill development. Today, it manages a workforce of approximately 18,000 personnel, including back-office staff, across 14 states, supporting operations at around 1,500 sites.
Its clientele includes corporates, banks, hospitality groups, manufacturing units, healthcare institutions, public sector enterprises, airports, and retail companies. The company also operates NIS Facility Management Services Private Limited for electronic security solutions and Keertika Academy Private Limited, an NSDC-recognised training partner.
Looking ahead, the company plans to strengthen its position in integrated facility management through targeted service expansion, greater technology adoption, and a shift towards higher-value, margin-accretive offerings, complemented by strategic partnerships or acquisitions. Its long-term vision emphasizes professional service delivery, sustainable growth, and workforce empowerment. NIS Management was listed on the BSE SME platform on September 2, 2025.
