Nimbus Projects Limited announced that its Board of Directors has approved an unsecured loan facility of ₹20.00 crore from DRC Systems India Limited. The approval was granted during a board meeting held on January 05, 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Loan Facility Details

The comprehensive loan arrangement includes several key parameters that define the financial structure and terms of the facility.

Lender Information and Purpose

DRC Systems India Limited, the lending entity, operates from its office located at 24th floor, GIFT Two Building, Block No. 56, Road-5C, GIFT City, Gandhinagar-382050, Gujarat. The loan facility will be utilized by Nimbus Projects Limited specifically for working capital and general business requirements, providing the company with enhanced financial flexibility for its operations.

Implementation Timeline

While the board approval has been secured, the formal loan agreement between Nimbus Projects Limited and DRC Systems India Limited is scheduled to be executed subsequently. The company has indicated that the agreement documentation process will follow the board approval, ensuring all regulatory and legal requirements are properly addressed.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nimbus Projects Limited has also made this information available on its official website at www.nimbusprojectsLtd.com , ensuring transparency and accessibility for all stakeholders.

This unsecured loan facility represents a strategic financial move for Nimbus Projects Limited, providing the company with additional capital resources to support its working capital needs and general business operations over the next three years.

Nimbus Projects Limited announced key board resolutions following a meeting held on January 05, 2026, focusing on postal ballot arrangements and e-voting procedures. The board meeting, which commenced at 10:30 a.m. and concluded at 12:30 p.m., addressed several important corporate governance matters under regulatory compliance requirements.

Board Resolutions and Approvals

The board of directors approved multiple resolutions during the meeting, all aimed at facilitating transparent shareholder voting processes. The company has taken comprehensive steps to ensure compliance with applicable regulations while providing shareholders with convenient voting mechanisms.

Scrutinizer Appointment

The board appointed Mr. Lalit Narayan Singh as the scrutinizer for conducting the postal ballot notice process. Mr. Singh brings relevant professional credentials to ensure the voting process maintains fairness and transparency standards.

E-Voting Arrangements

The board made provisions for modern voting mechanisms by approving digital voting solutions. These arrangements demonstrate the company's commitment to providing shareholders with accessible and secure voting options.

Key e-voting decisions include:

• Approval of cut-off date for shareholder voting entitlement on postal ballot notice
• Appointment of NSDL as service provider for e-voting services
• Integration of e-voting with postal ballot procedures

Regulatory Compliance

The board meeting and subsequent resolutions were conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by informing BSE Limited about these developments through official communication channels.

The postal ballot notice approval follows provisions under the Companies Act, 2013, specifically Section 110 & 108, along with applicable rules under the Companies (Management and Administration) Rules, 2014. These regulatory frameworks ensure that shareholder voting processes maintain required standards of corporate governance and transparency.