Nimbus Projects Limited Receives BSE Trading Approval for 84.80 Lakh Equity Shares Under Amalgamation Scheme

1 min read     Updated on 30 Dec 2025, 06:53 PM
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Reviewed by
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Overview

Nimbus Projects Limited has obtained BSE trading approval for 84,80,735 equity shares of ₹10 face value each, issued under an amalgamation scheme with nine private companies. The shares, with distinctive numbers 10838001 to 19318735, will commence trading on December 31, 2025, and rank pari-passu with existing equity shares.

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*this image is generated using AI for illustrative purposes only.

Nimbus Projects Limited has secured trading approval from the Bombay Stock Exchange (BSE) for 84,80,735 equity shares issued under a comprehensive amalgamation scheme. The approval, dated December 30, 2025, marks a significant corporate restructuring milestone for the company.

Share Details and Trading Commencement

The approved equity shares carry the following specifications:

Parameter: Details
Number of Shares: 84,80,735
Face Value: ₹10.00 each
Distinctive Numbers: 10838001 to 19318735
Trading Start Date: December 31, 2025
ISIN Number: INE875B01015
Date of Allotment: May 16, 2025

The newly issued shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.

Amalgamation Structure

The scheme of arrangement involves the merger of nine private companies with Nimbus Projects Limited serving as the transferee company. The comprehensive amalgamation includes:

Transferor Companies:

  • Gupta Fincaps Private Limited (Transferor Company 1)
  • Urvashi Finvest Private Limited (Transferor Company 2)
  • Intellectual Securities Private Limited (Transferor Company 3)
  • Happy Graphics and Exhibition Private Limited (Transferor Company 4)
  • Link Vanijya Private Limited (Transferor Company 5)
  • Dynamo Infracon Private Limited (Transferor Company 6)
  • Pushpak Trading & Consultancy Private Limited (Transferor Company 7)
  • Mokha Vyapaar Private Private Limited (Transferor Company 8)
  • Padma Estates Private Limited (Transferor Company 9)

Regulatory Compliance

The amalgamation has been executed under sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The scheme encompasses the respective shareholders and creditors of all involved entities, ensuring comprehensive legal compliance.

Market Impact

With the trading approval now in place, the 84,80,735 equity shares will be available for trading on BSE starting December 31, 2025. This represents a substantial addition to the company's tradeable equity base, potentially enhancing market liquidity and providing expanded investment opportunities for market participants.

The company secretary and compliance officer, Ritika Aggarwal, has formally communicated the trading approval to BSE, completing the necessary regulatory notifications for the commencement of trading activities.

Historical Stock Returns for Nimbus Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-3.59%-4.86%+16.21%+15.77%+767.33%
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Nimbus Projects Limited Secures ₹11.61 Crore Credit Facility from Aditya Birla Capital

2 min read     Updated on 29 Dec 2025, 06:25 PM
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Reviewed by
Naman SScanX News Team
Overview

Nimbus Projects Limited has obtained board approval to act as co-borrower for secured loan facilities totaling ₹11.61 crores from Aditya Birla Capital Limited. The facilities comprise two loans of ₹11.36 crores and ₹25 lakhs respectively, both carrying 12% floating interest rate for 42-month tenure. The loans are secured through comprehensive collateral including property mortgages, receivables hypothecation worth ₹185.60 crores, and multiple corporate and personal guarantees.

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*this image is generated using AI for illustrative purposes only.

Nimbus Projects Limited has secured board approval for credit facilities totaling ₹11.61 crores from Aditya Birla Capital Limited. The board meeting held on December 29, 2025, approved the company to act as co-borrower and authorize its partnership firm IITL-Nimbus, The Express Park View to avail two separate secured loan facilities.

Credit Facility Details

The approved financing comprises two distinct facilities from Aditya Birla Capital Limited, headquartered at D-17, Sector-3, Noida, Uttar Pradesh. Both facilities will be disbursed in tranches as per the company's requirements for general corporate purposes.

Facility Details: Facility 1 Facility 2
Loan Amount: ₹11.36 crores ₹25.00 lakhs
Interest Rate: 12% p.a. floating 12% p.a. floating
Tenure: 42 months 42 months
Agreement Date: December 27, 2025 December 27, 2025
Purpose: General corporate purpose General corporate purpose

Security and Collateral Arrangements

The credit facilities are secured through comprehensive collateral arrangements involving multiple properties and guarantees. The primary security includes extension of mortgage through registered/equitable mortgage against first and exclusive charge on 91 unsold units with saleable area of 1,18,707 square feet at Project "Express Park View" in Sector-CHI-V, Greater Noida-201310, owned by IITL Nimbus The Express Park View.

Additional security measures include:

  • Property Mortgage: Registered mortgage against first and exclusive charge on 91 unsold units with saleable area of 1,18,707 square feet at Project "Express Park View"
  • Receivables Hypothecation: Extension of charge through hypothecation on sold and unsold receivables of Project "Express Park View" valued at ₹185.60 crores, comprising sold receivables of ₹64.68 crores and unsold receivables of ₹120.92 crores
  • Hotel Property: Extension of mortgage through equitable mortgage against hotel property "Golden Palm" located at Patparganj, Delhi-110092 valuing ₹66.81 crores, owned by Indogreen International

Guarantees and Co-borrower Arrangements

The financing structure includes multiple layers of guarantees to secure the facilities. Nimbus Projects Limited will act as co-borrower while authorizing its partnership firm IITL-Nimbus, The Express Park View to avail the secured loan facilities.

Guarantee Type: Details
Personal Guarantee: Mr. Bipin Agarwal
Corporate Guarantees: Indogreen International, Nimbus Projects Ltd. (Co-Borrower)
ISRA Requirement: 2 months interest on loan amount

Corporate Compliance

The disclosure has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The loan agreements were executed on December 27, 2025, with the board approval obtained on December 29, 2025. The company has confirmed that detailed information regarding these facilities is available on its website at www.nimbusprojectsltd.com , ensuring transparency and regulatory compliance.

Historical Stock Returns for Nimbus Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-3.59%-4.86%+16.21%+15.77%+767.33%
Nimbus Projects
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