NIS Management Limited has disclosed the award of five work orders from Reliance Projects & Property Management Services Limited, pursuant to SEBI Listing Obligations and Disclosure Requirements (LODR) Regulation 30.
Key Quantitative Figures
The total contract value is ₹30,77,03,567.97 (Rupees Thirty Crore Seventy-Seven Lakh Three Thousand Five Hundred Sixty-Seven and Ninety-Seven Paise Only), inclusive of all taxes.
Contract Details
- Awarding Entity: Reliance Projects & Property Management Services Limited
- Number of Orders: Five work orders
- Nature of Services: Renewal of existing contracts for Housekeeping Services, Pantry Boy Services, MEP Electrical Services, and other ancillary facility management/support services
- Service Locations: Various locations/sites of the awarding entity
- Execution Deadline: All work orders must be executed by March 31, 2027
Entity Classification
The awarding entity is a domestic company, and all contracts are domestic in nature.
Corporate Relationships
- The promoter/promoter group/group companies of NIS Management Limited have no interest in the entity that awarded the orders
- The orders do not fall under the ambit of Related Party Transactions
- All transactions are conducted at arm's length basis