NIS Management Limited Submits Q4 FY26 Dematerialization Compliance Certificate to BSE

1 min read     Updated on 10 Apr 2026, 10:46 PM
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NIS Management Limited filed its Q4 FY26 compliance certificate with BSE on April 10, 2026, under SEBI Regulation 74(5). The certificate, supported by RTA Maashitla Securities Private Limited, confirms no securities were processed for dematerialization during January-March 2026. This regulatory submission demonstrates the company's adherence to SEBI's depositories framework and maintains transparency in share transfer operations.

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NIS Management Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange for the quarter ended March 31, 2026, fulfilling regulatory obligations under SEBI's depositories framework. The certificate was filed on April 10, 2026, by Managing Director Debajit Choudhury.

Regulatory Compliance Certificate

The submission addresses requirements under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate confirms that all securities received for dematerialization during the quarter were processed within stipulated timeframes and that proper verification procedures were followed.

Compliance Parameter Status
Securities Listing Confirmation Verified
Certificate Verification Completed
Record Substitution Updated
Regulatory Timeline Maintained

RTA Certification Details

Maashitla Securities Private Limited, serving as the company's SEBI-registered Category-I Registrar and Transfer Agent, provided the underlying certification dated April 9, 2026. The RTA confirmed compliance with all regulatory requirements for the quarter.

Key RTA Information:

  • Registration Number: INR000004370
  • NSDL BP ID: IN201013
  • CDSL RTA ID: 381
  • Authorized Signatory: Mr. Mukul Agrawal

Dematerialization Activity Summary

The quarterly report reveals no dematerialization activity during the January-March 2026 period. Both acceptance and rejection tables for securities certificates show nil entries, indicating no physical certificates were submitted for conversion to electronic form.

Activity Type Period Certificates Processed
Securities Accepted January 1 - March 31, 2026 Nil
Securities Rejected January 1 - March 31, 2026 Nil

Regulatory Framework Adherence

The filing demonstrates NIS Management's commitment to maintaining transparency in share transfer operations and adherence to SEBI's depositories regulations. The certificate confirms that the company maintains proper records and follows prescribed procedures for any dematerialization requests.

The submission was copied to both National Securities Depository Limited and Central Depository Services (India) Ltd, ensuring all relevant depositories are informed of the company's compliance status for the quarter.

Historical Stock Returns for NIS Management

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%+4.21%-16.07%-49.92%-54.19%-54.19%

What factors might be contributing to NIS Management's complete absence of dematerialization activity, and could this indicate underlying business challenges?

How might SEBI's evolving regulatory framework for depositories impact smaller companies like NIS Management in future quarters?

Will NIS Management need to invest in additional infrastructure or systems to handle potential increases in dematerialization requests?

NIS Management Subsidiary Secures ₹2.18 Crore Mumbai Police CCTV Contract

1 min read     Updated on 26 Mar 2026, 02:43 AM
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NIS Management announced that its subsidiary has been awarded a ₹2.18 crore contract by Mumbai Police for comprehensive CCTV services including project planning, network connectivity, and operations & maintenance. The contract runs from April 01 to May 03, 2026, and represents a significant win in the government security sector.

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NIS Management has announced through an official disclosure that its subsidiary, NIS Facility Management Services Private Limited, has been awarded a significant ₹2.18 crore contract by the Mumbai Police, Home Department Maharashtra, State Government. The comprehensive CCTV services contract covers project planning and management, network connectivity, and operations & maintenance services.

Contract Details and Timeline

According to the official disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015, the contract will commence from April 01, 2026 and conclude on May 03, 2026. The project encompasses multiple technical service components that demonstrate the subsidiary's capabilities in surveillance technology implementation.

Contract Parameter: Details
Contract Value: ₹2,18,00,000 (inclusive of all taxes)
Client: Mumbai Police, Home Department Maharashtra
Subsidiary Company: NIS Facility Management Services Private Limited
Service Period: April 01, 2026 to May 03, 2026
Contract Type: Domestic

Service Scope and Technical Components

The work order covers comprehensive CCTV-related services under the category of "Hiring of Agency for IT Projects" on a milestones basis. The scope includes:

  • Project Planning and Management: Strategic planning and design of CCTV infrastructure
  • Network Connectivity: Implementation of network connectivity solutions for surveillance systems
  • Operations & Maintenance (O&M): Ongoing operational support and maintenance services
  • Warranty Services: Comprehensive warranty coverage for CCTV cameras

Regulatory Compliance and Disclosure

The company has confirmed that this contract does not fall under related party transactions and has been awarded at arm's length. The promoter, promoter group, and group companies have no interest in the entity that awarded the contract, ensuring complete transparency in the business arrangement.

Business Impact

This contract win represents a significant milestone for NIS Management's subsidiary in the government security and surveillance sector. The ₹2.18 crore deal strengthens the subsidiary's position in municipal security projects and demonstrates its technical expertise in handling large-scale CCTV implementation and maintenance projects for state government departments.

Historical Stock Returns for NIS Management

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%+4.21%-16.07%-49.92%-54.19%-54.19%

Will this Mumbai Police contract success help NIS Facility Management Services secure additional state government surveillance projects across other Indian states?

How might this government contract win impact NIS Management's stock performance and investor confidence in the coming quarters?

Could this project serve as a stepping stone for NIS to expand into smart city initiatives and larger urban surveillance contracts?

More News on NIS Management

1 Year Returns:-54.19%