Nimbus Projects Debt & Borrowing: ₹60 Cr
Nimbus Projects' board finalised terms for a Rs 60 Crore unsecured loan from associate Nimbus (India) Limited. The loan carries 12% interest for two years.
- Value
- ₹60.00 Cr
- Execution
- 2 years
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44 announcements
Nimbus Projects' board finalised terms for a Rs 60 Crore unsecured loan from associate Nimbus (India) Limited. The loan carries 12% interest for two years.
Nimbus Projects Ltd's Chairman Bipin Agarwal is stepping down from the Chairman role effective November 5, 2026, while remaining Managing Director. No change to his directorship, MD role or remuneration.
Q2 FY27 revenue ₹69.2mn (+58% YoY) but Adj EBITDA ₹(55.3)mn and PAT ₹(88.7)mn loss. Net debt ₹2,674mn, 0.76x D/E. Management targets ₹9,022mn PAT by FY29 via ongoing and new projects.
Nimbus Projects Ltd reported revenue from operations of ₹6.9 Cr (+56.8% YoY) and a net loss of ₹8.4 Cr for Q2 FY27.
Nimbus Projects Ltd announced a board meeting for November 5, 2026, to approve Q1 and H1 FY27 results. No financial figures have been disclosed yet.
Nimbus Projects reclassified four individuals from the Promoter category to the Public category, following approval from BSE and NSE. The promoter count reduced from 18 to 14.
Nimbus Projects incorporated its subsidiary, IITL Nimbus The Express Park View Private Limited. The company acquired a 95% stake by converting its Rs.1.02 Crore capital contribution.
Nimbus Projects Limited incorporated a subsidiary, IITL Nimbus The Hyde Park Private Limited, by converting its ₹0.25 Crore capital contribution in a partnership firm.
Nimbus Projects Limited entered a strategic investment agreement with Sankalp Agencies Private Limited to invest ₹15.00 Crore in a commercial real estate project in New Delhi.
Nimbus Projects Ltd's board approved availing an unsecured loan of ₹30 Crore from World Resorts Limited. The facility carries an interest rate of 12% per annum.
Nimbus Projects appointed Ms. Neha Atal Poddar as a Non-Executive Independent Woman Director for a 5-year term, effective July 27, 2026.
Nimbus Projects Limited announced the appointment of M/s Doogar & Associates as its new Statutory Auditor for a five-year term, approved at the company's 33rd AGM.
The Chairman's speech at Nimbus Projects' 33rd AGM highlighted financial performance and ongoing real estate projects in Delhi-NCR, while announcing a new JDA in Vrindavan.
Nimbus Projects Limited received regulatory approval from BSE and NSE to reclassify four members from the Promoter Group to the Public category.
Nimbus Projects Limited has dispatched physical letters containing the web-link for its FY 2025-26 Integrated Annual Report and 33rd AGM Notice. The meeting is scheduled for September 29, 2026.
Nimbus Projects Limited issued the notice for its 33rd Annual General Meeting to be held on September 29, 2026, alongside its Integrated Annual Report for 2025-26.
Nimbus Projects corrected a typographical error in an earlier intimation regarding the Financial Year for which the Board's Report was approved.
Nimbus Projects Limited will hold its 33rd Annual General Meeting on September 29, 2026, via video conferencing. The Board has approved the AGM notice and report.
Nimbus Projects Limited decided to renew an unsecured loan facility of ₹60 Crore from its associate company, Nimbus (India) Limited, subject to shareholder approval.
Nimbus Projects Ltd reported revenue from operations of ₹2.9 Cr (-25.6% YoY) and net profit of ₹3.3 Cr for Q1 FY27.
Nimbus Projects Limited announced the cessation of Mr. Debashis Nanda as an Independent Director effective August 11, 2026, upon the completion of his tenure.
Nimbus Projects Limited will hold a board meeting on August 12, 2026, to consider and approve the standalone and consolidated financial results for the quarter ended June 30, 2026.
Nimbus Projects is converting its partnership interest into a 95% stake in a new entity, IITL Nimbus The Express Park View, for a ₹1.02375 Crore subscription.
Nimbus Projects Ltd will act as a guarantor for a ₹23 Crore term loan facility availed by its subsidiary, IITL-Nimbus, from ICICI Bank.
Nimbus Projects Limited has secured a term loan facility of up to ₹40 Crore from ICICI Bank Limited. The funds will be utilized for project financing.
Nimbus Projects Limited will convert its partnership firm, IITL-Nimbus, The Hyde Park Noida, into a private limited subsidiary company, holding a 66.67% stake.
Nimbus Projects is converting its existing partnership firm, IITL-Nimbus The Express Park View, into a private limited company. The entity will become a subsidiary of the company.
Nimbus Projects will incorporate a new subsidiary, IITL Nimbus The Palm Village Pvt Ltd, by converting a partnership firm. This conversion involves a ₹1 Crore capital stake.
Nimbus Projects Limited has appointed Ms. Neha Atal Poddar as an Additional Director (Non-Executive – Independent Woman Director) for a five-year term.
Nimbus Projects Ltd filed its quarterly shareholding pattern as of June 30, 2026. The report details holdings across promoter and public categories.