Nimbus Projects Limited has announced the resignation of its Chief Financial Officer, Mr. Jitendra Kumar, effective January 15, 2026. The company informed BSE Limited through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Jitendra Kumar tendered his resignation from his position as Chief Financial Officer and Key Managerial Personnel due to personal reasons. His resignation becomes effective from the close of business hours on January 15, 2026.

Regulatory Impact

Following his resignation, Mr. Kumar will cease to be a Key Managerial Personnel authorized for determining materiality of events or information. He will also no longer be responsible for making disclosures to stock exchanges under Regulation 30 of the Listing Regulations, effective from the close of business hours on January 15, 2026.

Board's Acknowledgment

The Board of Directors has placed on record its appreciation for the valuable contribution and guidance provided by Mr. Jitendra Kumar during his association with the company. In his resignation letter dated December 1, 2025, Mr. Kumar expressed gratitude to Managing Director Mr. Bipin Agarwal and the board of directors for the opportunity to work with the organization.

The company has confirmed that there are no material reasons for the resignation other than those specified in Mr. Kumar's resignation letter. The detailed disclosure has been made in adherence to SEBI regulations and the master circular dated November 11, 2024.

Company Communication

The resignation letter, addressed to Managing Director Mr. Bipin Agarwal, highlighted Mr. Kumar's learning experience and appreciation for the coordination received from secretarial and other departments. The information regarding this key managerial personnel change is available on the company's website at www.nimbusprojectsltd.com .

Nimbus projects Limited has announced the cancellation of a proposed long-term unsecured loan facility worth ₹25.00 crore following a Board of Directors meeting held on January 5, 2026. The decision was made based on the recommendation of the company's Audit Committee.

Loan Facility Details

The cancelled facility was originally proposed for IITL-Nimbus, The Express Park View, which operates as a joint venture partnership firm of the company. The loan was to be availed from Nimbus (India) Limited, identified as an associate of the company.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced its previous communication dated November 14, 2025, bearing reference number NPL/BSE/2025-26/68, indicating this matter had been under consideration for some time.

Corporate Governance

The decision demonstrates the company's adherence to proper corporate governance practices, with the Audit Committee playing a key role in recommending the cancellation. The Board's acceptance of this recommendation reflects a structured decision-making process within the organization.

The disclosure has been made available on the company's official website at www.nimbusprojectsLtd.com , ensuring transparency and accessibility for stakeholders and investors.