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.

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.

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.

Nimbus Projects has reported a significant increase in shareholding by Peanence Commercial Private Limited through a series of open market transactions. Peanence Commercial, along with persons acting in concert, has raised its stake from 5.22% to 7.41% of Nimbus Projects' total equity share capital.

Key Transaction Details

Transaction Details

Peanence Commercial Private Limited and its persons acting in concert acquired 4,22,128 equity shares, representing 2.19% of Nimbus Projects Limited, through open market purchases. This acquisition increased their total shareholding from 10,09,661 shares (5.22%) to 14,31,789 shares (7.41%) in the real estate company.

Implications

This increase in shareholding by Peanence Commercial Private Limited could potentially influence the company's decision-making processes, depending on Nimbus Projects' overall shareholding structure.

Investors and market watchers may want to monitor any further developments or disclosures from either Peanence Commercial or Nimbus Projects regarding this change in shareholding structure.

Note: This article is based on the information provided in the regulatory filing.