Nimbus Projects Limited has successfully completed the full repayment of its loan facility from Bajaj Housing Finance Limited, marking a significant milestone in the company's debt management strategy. The real estate development company informed BSE about this development on February 24, 2026, through a regulatory disclosure.

Loan Repayment Details

The company has fully repaid the loan facility that was originally disclosed to the stock exchange in February 2025. The complete repayment represents a substantial financial transaction for the company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events that could impact investor decisions.

Post-Repayment Actions

With the loan facility now fully closed, Nimbus Projects Limited will initiate the necessary legal procedures for charge satisfaction. The company stated that it will begin the process for satisfaction of the charge with the Registrar of Companies, which is a standard procedure following complete loan repayment.

Corporate Communication

The announcement was signed by Ritika Aggarwal, Company Secretary & Compliance Officer, who digitally authenticated the document on February 24, 2026. The disclosure is also available on the company's official website at www.nimbusprojectsltd.com , ensuring transparency and accessibility for all stakeholders.

This complete loan repayment demonstrates the company's commitment to managing its financial obligations and maintaining a healthy balance sheet structure.

Nimbus Projects Limited has secured board approval for an unsecured loan facility of Rs 25.00 crore from its associate company World Resorts Limited. The decision was finalized during a board meeting held on February 24, 2026, following recommendations from the company's Audit Committee.

Loan Facility Details

The unsecured loan facility will be made available for business purposes and will be disbursed in tranches as required. The key terms of the agreement include an interest rate of 10% per annum for a tenure of 2 years.

Related Party Transaction Structure

The loan arrangement constitutes a related party transaction under Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nimbus Projects Limited holds a 25.32% equity stake in World Resorts Limited, establishing the associate company relationship.

The transaction involves common leadership between both entities:

• Mr. Bipin Agarwal, Managing Director of Nimbus Projects, serves as a common director and holds 3,000,100 equity shares (4.85% stake) in World Resorts Limited
• Mr. Rajeev Kumar Asopa, Director, also serves on the boards of both contracting companies

Existing Financial Arrangements

This new facility adds to the existing financial relationship between the two companies. Nimbus Projects has previously availed an unsecured loan facility of Rs 5.00 crore from World Resorts Limited under similar terms of 10% per annum interest rate for 2 years. The outstanding amount from this previous arrangement currently stands at Rs 2.00 crore.

Regulatory Compliance

The company has confirmed that the transaction is being conducted on an arm's length basis, ensuring compliance with regulatory requirements for related party transactions. The disclosure has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with all relevant details provided to ensure transparency for stakeholders.