NIS Management has announced that its subsidiary, NIS Facility Management Services, has received a domestic work order from CRM Enterprise Business for surveillance and security equipment in West Bengal. The order is valued at Rs. 624.5 mn, inclusive of applicable taxes, according to a regulatory disclosure dated 9 October 2026.

The scope covers the supply, installation, testing and commissioning of automatic number plate recognition (ANPR) and internet protocol-based CCTV surveillance systems. These systems will be deployed across nine police districts and one commissionerate under the Inspector General of Police, North Bengal Region.

The order also includes the supply of body-worn cameras and night vision binoculars. The subsidiary is required to complete the work by 15 December 2026. The disclosure classified the awarding entity as a domestic organisation and described the contract as a supply and installation assignment.

NIS Management stated that the order reflects the capabilities of its subsidiary’s team and will involve collaboration with CRM Enterprise Business on the implementation of the surveillance project. The company also disclosed that its promoter, promoter group and group companies have no interest in the entity awarding the contract.

The company confirmed that the order does not fall within the scope of related-party transactions. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015, along with the applicable SEBI circular. NIS Management is headquartered in Kolkata and is listed on the Bombay Stock Exchange under scrip code 544495.