NIS Management Limited has made a disclosure to the Bombay Stock Exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has received sanction for a skill development project under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) in the state of Odisha. The project was sanctioned by the Odisha Rural Development and Marketing Society (ORMAS).
Project Details
- Total Value: ₹7.93 crore
- Implementation Period: 24 months
- Scope: Residential skill development training for 1,200 rural youth in Odisha
- Focus: Industry-oriented residential skill development programs through structured training, assessment, certification, and placement support under the DDU-GKY framework
Context of DDU-GKY Scheme
DDU-GKY is the flagship placement-linked skill development programme of the Ministry of Rural Development, Government of India. The scheme aims to enhance employability of rural youth through industry-oriented training.
- Central Budget allocation: ₹750 crore for FY2026-27
- As of June 2026: 18.45 lakh candidates trained and 12.35 lakh candidates placed under the programme
Management Commentary
Mr. Debajit Choudhury, Chairman & Managing Director of NIS Management Limited, stated that this project reinforces the company's capabilities in delivering large-scale, employment-oriented skill development programmes. He emphasized that the project aligns with the company's commitment to empowering rural youth with industry-relevant skills and creating sustainable livelihood opportunities.
Company Background
NIS Management Limited, founded in Kolkata in 1985, became a corporate entity in 2006. The company operates as an integrated services platform specializing in:
- Security services
- Facility management
- Electronic security
- Skill development
The company manages a workforce of approximately 18,000 personnel across 14 states, supporting operations at about 1,500 sites. Its clientele includes corporates, banks, hospitality groups, manufacturing units, healthcare institutions, public sector enterprises, airports, and retail companies.
Subsidiaries
- NIS Facility Management Services Private Limited (electronic security solutions)
- Keertika Academy Private Limited (NSDC-recognised training partner)
The company was listed on the BSE SME platform on September 2, 2025.
Forward-Looking Statements
The document includes a disclaimer noting that certain statements are forward-looking and subject to risks and uncertainties including government actions, local/political/economic developments, technological risks, and other factors that could cause actual results to differ materially.