NIS Management Secures Rs. 624.5 mn CCTV Surveillance Order
ECONOMY & POLICY

NIS Management Secures Rs. 624.5 mn CCTV Surveillance Order

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.

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.

Related Stories

Gold Stories

Next Story
Equipment

Terex to Acquire Keestrack, Expanding Crushing Portfolio

Terex Corporation has signed a definitive agreement to acquire Keestrack, a manufacturer of mobile crushing, screening and related equipment for the aggregates, recycling, construction and demolition industries. Financial terms were not disclosed.Founded in Belgium in 1988, Keestrack serves customers in more than 65 countries through a network of over 70 distributors. The acquisition will expand Terex Materials Processing’s crushing and screening portfolio and add manufacturing and distribution capabilities.After completion, Keestrack will continue as an independent brand within the Terex Ma..

Next Story
Infrastructure Energy

IES Taskforce Reviews Final Report on Power-Sector Digital Platform

The India Energy Stack (IES) Taskforce has reviewed its Final Report in New Delhi. The document sets out a strategy, architecture, governance framework and pathway to scale IES as digital public infrastructure for India’s power sector. The Ministry of Power constituted the Taskforce in June 2025.The report was presented by Prince Dhawan, Executive Director, REC Limited, and Swetha Ravi Kumar, Executive Director, FSR Global. Dr Ram Sewak Sharma, Chairperson of the Taskforce, outlined the way forward.IES is a common set of open standards and protocols designed to let utilities, regulators, mar..

Next Story
Infrastructure Urban

LANXESS, HINCOL Partner on Road Construction Technologies

LANXESS India and Hindustan Colas Private Limited (HINCOL) have signed a Memorandum of Understanding to assess technical and commercial opportunities in bitumen and asphalt modification for India’s infrastructure market.The companies will conduct laboratory and commercial-scale evaluations of Addipave CR 36, LANXESS’ cross-linking technology for polymer-modified bitumen (PMB). LANXESS will provide the product, technical expertise and trial support, while HINCOL will contribute testing facilities, operational support and performance assessments under local conditions. The trials will examin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code