Nimbus Projects has successfully completed its listing on the National Stock Exchange (NSE) with shares opening at ₹199 on the listing day, marking a significant milestone in the company's capital market journey. The company, which has been listed on BSE since 2000, received official NSE approval to list 19318735 equity shares of face value ₹10 each, enhancing liquidity and expanding investor access.

NSE Listing Completion and Trading Details

The company received listing and trading approval from NSE vide letter no. Ref: NSE/LIST/241 dated April 01, 2026, with trading commencing on April 6, 2026. The shares trade under the symbol "NIMBSPROJ" on both exchanges, providing investors enhanced access through dual listing benefits.

Business Development and Market Position

Nimbus Projects has developed approximately 15 million square feet across 13 projects, serving over 10,000 customers with over three decades of operational experience. The company currently has approximately 3 million square feet under development, maintaining focus on residential and mixed-use developments across NCR, particularly in Noida and Greater Noida.

Strategic Capital Market Enhancement

Commenting on the development, Bipin Agarwal, Chairman and Managing Director, stated: "The NSE listing represents a strategic step in strengthening our capital market footprint and engaging with a wider investor ecosystem. As we continue to scale our development pipeline, our focus remains on disciplined growth, prudent capital allocation, and delivering sustainable long-term value to all stakeholders."

The NSE listing enhances stock liquidity, improves price discovery, and provides broader access to diversified institutional and retail investors. The company maintains a balanced capital structure with shares trading close to book value, indicating stable and fundamentally aligned valuation profile. As part of listing requirements, the company uses NSE Electronic Application Processing System (NEAPS) for regulatory filings, with Ritika Aggarwal serving as Company Secretary and Compliance Officer to manage regulatory obligations under SEBI (LODR) Regulations, 2015.

Nimbus Projects Limited has announced a partnership stake transfer involving its group company and Managing Director across three partnership firms. The company informed the BSE about this corporate restructuring under Regulation 30 of SEBI listing regulations on March 28, 2026.

Partnership Structure and Stake Distribution

The company currently operates through partnerships in three real estate projects with varying capital contribution structures:

Stake Transfer Details

Nimbus Propmart Private Limited (NPPL), a group company and current partner in the three firms, has decided to sell its partnership stakes to Mr. Bipin Agarwal. Mr. Agarwal serves as the Managing Director and promoter of Nimbus Projects Limited. Following this transaction, NPPL will retire from all three partnership firms, while Mr. Bipin Agarwal will be inducted as the new partner in place of NPPL.

Impact on Company Operations

The management has clarified that this partnership restructuring will not result in any operational or financial changes for Nimbus Projects Limited. The company emphasized that there will be no change in the nature, amount, and control of capital contribution held by the company in these partnership firms after the change of partner.

Corporate Governance Compliance

The company has assured stakeholders that the transaction will not affect any change in control, management, or financial position of Nimbus Projects Limited. This disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in corporate actions.

The formal intimation was signed by Ritika Aggarwal, Company Secretary and Compliance Officer, maintaining proper corporate governance protocols throughout the announcement process.