Company Profile

Nimbus Projects has informed that as per the Company's 'Insider Trading-Code', framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 (including any amendment(s), modification(s) or re-enactment(s) thereto), read with BSE Circular No. LIST/COMP/01/2019-20 dated 2nd April, 2019, the Trading Window for dealing in the Securities of the Company shall remain closed from January 01, 2024 till the expiry of 48 hours after the declaration of the Financial Results (Standalone and Consolidated) of the Company for the quarter ended December 31, 2023. Accordingly, the trading window for dealing in Equity Shares of the Company shall remain closed for all Designated Person & Insiders as per the insiders trading code of the Company during the stated period. Further, the date of the Board Meeting for declaration of the Financial Results of the Company for the quarter ended December 31, 2023 shall be intimated in due course.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and based on the intimation received from the Registrar and Share Transfer Agent (RTA) of the Company on December 12, 2023, Nimbus Projects has informed that the Company has received the information regarding loss of original shares certificate(s) with a request for issue of duplicate share certificate(s) and transmission in lieu thereof. The Details of lost shares certificate(s) are enclosed. Pursuant to the SEBI Circulars No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022 read with SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/70 dated May 25, 2022 a letter of confirmation will be issued to the securities holder / claimant upon completion of necessary procedures regarding duplicate share certificates.

The above information is a part of company’s filings submitted to BSE.

Nimbus Projects is currently trading at Rs. 31.75, up by 0.61 points or 1.96% from its previous closing of Rs. 31.14 on the BSE.

The scrip opened at Rs. 29.52 and has touched a high and low of Rs. 32.39 and Rs. 29.52 respectively. So far 32 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.95 on 07-Oct-2022 and a 52 week low of Rs. 29.07 on 04-Oct-2023.

Last one week high and low of the scrip stood at Rs. 35.70 and Rs. 29.07 respectively. The current market cap of the company is Rs. 34.41 crore.

The promoters holding in the company stood at 51.30%, while Non-Institutions held 48.70% stake in the company.

Nimbus Projects has received approval for execution of the tripartite agreement dated on October 06, 2023 with IITL-Nimbus The Express Park View and IITL Projects for acquisition of stake of IITL-Nimbus The Express Park View from IITL Projects. The business of IITL-Nimbus The Express Park View is in line with the business of the Company, therefore, object of acquisition is to enhance the company’s stake in capital of the firm. The board of directors at its meeting held on October 06, 2023 has approved the same. 

Nimbus Projects is engaged in real estate business and providing real estate consultancy to its various clients. 

Nimbus Projects has received approval for execution of the tripartite agreement dated on October 06, 2023 with IITL-Nimbus The Express Park View and IITL Projects for acquisition of stake of IITL-Nimbus The Express Park View from IITL Projects. The business of IITL-Nimbus The Express Park View is in line with the business of the Company, therefore, object of acquisition is to enhance the company’s stake in capital of the firm. The board of directors at its meeting held on October 06, 2023 has approved the same. 

Nimbus Projects is engaged in real estate business and providing real estate consultancy to its various clients.