{"id":85721,"date":"2026-05-25T11:03:13","date_gmt":"2026-05-25T05:33:13","guid":{"rendered":"https:\/\/newswireindia.in\/index.php\/2026\/05\/25\/nis-management-secures-rs-30-77-cr-contract-renewal-from-reliance-projects-property-management-services-limited\/"},"modified":"2026-05-25T11:03:13","modified_gmt":"2026-05-25T05:33:13","slug":"nis-management-secures-rs-30-77-cr-contract-renewal-from-reliance-projects-property-management-services-limited","status":"publish","type":"post","link":"https:\/\/newswireindia.in\/index.php\/2026\/05\/25\/nis-management-secures-rs-30-77-cr-contract-renewal-from-reliance-projects-property-management-services-limited\/","title":{"rendered":"NIS Management Secures Rs 30.77 Cr Contract Renewal from Reliance Projects &amp; Property Management Services Limited"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>Kolkata (West Bengal) [India], May 25<\/strong>: <strong>NIS Management\u00a0Limited<\/strong>,\u00a0<strong>(BSE \u2013 544495),<\/strong>\u00a0One of the leading integrated services platforms specializing in security services, facility management, electronic security, and skill development has\u00a0<strong>secured 5 work orders aggregating to\u00a0\u20b930.77 Cr<\/strong>\u00a0(inclusive of all taxes)\u00a0<strong>from Reliance Projects &amp; Property Management Services Limited<\/strong>. The contracts are\u00a0<strong>valid till 31st March 2027 and represent renewal of existing service agreements across multiple operational locations.<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Under the awarded contracts, the Company will provide integrated housekeeping, pantry, MEP electrical, and ancillary support services across multiple facilities. The scope includes manpower deployment, operational management, and execution of support services aimed at ensuring seamless day-to-day operations and maintaining consistent service quality standards.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Order Details:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Client:<\/strong>\u00a0Reliance Projects &amp; Property Management Services Limited<\/li>\n<li><strong>Services:<\/strong>\u00a0Housekeeping, Pantry Boy, MEP Electrical &amp; Ancillary Support Services<\/li>\n<li><strong>Order Value:<\/strong>\u00a0\u20b930.77 Cr (inclusive of all taxes)<\/li>\n<li><strong>Contract Tenure:<\/strong>\u00a0Till 31st March 2027<\/li>\n<li><strong>Nature of Contract:<\/strong>\u00a0Renewal of Existing Service Agreements Across Multiple Locations<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">The continued renewal of service agreements from Reliance Projects &amp; Property Management Services Limited reflects the client\u2019s continued trust in the Company\u2019s execution capabilities, operational reliability, and ability to manage large-scale multi-location operations efficiently.<\/p>\n<p class=\"wp-block-paragraph\">Commenting on the Development Mr. Debajit Choudhury Chairman &amp; Managing Director, of NIS Management Limited said, \u201cWe are pleased to receive the renewal of these service contracts from Reliance Projects &amp; Property Management Services Limited. The continued association reflects the client\u2019s trust in our execution capabilities, service quality standards, and our ability to efficiently manage large scale multi location operations with consistency and reliability.<\/p>\n<p class=\"wp-block-paragraph\">At NIS Management, we remain focused on strengthening our integrated service capabilities across facility management, technical support, and manpower-driven operations. We believe the growing preference for organized and execution-focused service providers continues to create long term opportunities for the integrated facility management sector.\u201d<\/p>\n<p class=\"wp-block-paragraph\"><strong>About NIS Management Limited<\/strong><\/p>\n<p class=\"wp-block-paragraph\">NIS Management Limited, founded in Kolkata in 1985 as a security and investigative services provider, became a corporate entity in 2006. Over the years, the company expanded into facility management, electronic security, and skill development. Today, it manages a workforce of about 18,000 personnel, including back-office staff, across 14 states, supporting operations at approximately 1,500 sites.<\/p>\n<p class=\"wp-block-paragraph\">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.<\/p>\n<p class=\"wp-block-paragraph\">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 and mission underline professional service delivery, sustainable growth, and workforce empowerment.<\/p>\n<p class=\"wp-block-paragraph\">The company was listed on the BSE SME platform on 2 September 2025.<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata (West Bengal) [India], May 25: NIS Management\u00a0Limited,\u00a0(BSE \u2013 544495),\u00a0One of the leading integrated services platforms specializing in security services, facility management, electronic security, and skill development has\u00a0secured 5 work orders aggregating to\u00a0\u20b930.77 Cr\u00a0(inclusive of all taxes)\u00a0from Reliance Projects &amp; Property Management Services Limited. The contracts are\u00a0valid till 31st March 2027 and represent renewal of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":85722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3],"class_list":["post-85721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/85721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=85721"}],"version-history":[{"count":0,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/85721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media\/85722"}],"wp:attachment":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=85721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=85721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=85721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}