Nimbus Projects Ltd

Nimbus Projects Limited, formerly NCJ International Limited, submitted a certificate to the Bombay Stock Exchange and National Stock Exchange confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as certified by Alankit Assignments Limited, the company’s Registrar and Share Transfer Agent.

Nimbus Projects Limited announced the incorporation of a subsidiary company, IITL Nimbus The Express Park View Private Limited, on October 10, 2026, following a partnership firm conversion. The company, which holds 95% of the subsidiary's equity with a capital contribution of Rs 1,02,37,500, along with Mr. Bipin Agarwal, Managing Director and promoter, holds the remaining 5% of the shares. IITL Nimbus The Express Park View Private Limited will continue business activities in the real estate industry, including construction and development, and the transaction was conducted on an "arm's length" basis.

Nimbus Projects Limited informed the Bombay Stock Exchange and National Stock Exchange that it has incorporated a subsidiary company, IITL Nimbus The Hyde Park Private Limited, on October 8, 2026, following approval from the Ministry of Corporate Affairs. The subsidiary, which continues the business of construction and real estate development, has an authorized share capital of Rs 50,00,000 and a paid-up capital of Rs 25,00,000, with Nimbus Projects Limited holding 2,50,000 equity shares, representing 66.66%, and Mr. Bipin Agarwal, Managing Director and promoter of Nimbus Projects Limited, holding the remaining 1,25,000 equity shares, or 33.37%. The company stated that the capital contribution of Rs 25,00,000 held by Nimbus Projects Limited in the previous partnership firm was converted into equity shares in the newly incorporated entity, and the transaction was conducted on an “arm’s length” basis.

Nimbus Projects Limited announced the appointment of Mr. Anand Kumar (DIN: 03194060) as a Non-Executive, Non-Independent Director at its 33rd Annual General Meeting held on September 29, 2026, according to a regulatory filing. Mr. Kumar, aged 65, is a former Indian Administrative Service officer with experience in various sectors including tourism, infrastructure, and governance, and is liable to retire by rotation.

Nimbus Projects Limited announced that at its 33rd Annual General Meeting on September 29, 2026, members appointed M/s Doogar & Associates, Chartered Accountants (ICAI Firm Registration No. 000561N), as the company’s Statutory Auditors for a term of five consecutive years, commencing from the conclusion of the 33rd Annual General Meeting until the conclusion of the 38th Annual General Meeting.

Nimbus Projects Limited informed the Bombay Stock Exchange and National Stock Exchange that at its 33rd Annual General Meeting on September 29, 2026, members approved the regularization of Ms. Neha Atal Poddar as a Non-Executive Independent Woman Director for a term of 5 years, commencing from July 27, 2026, to July 26, 2031, and she is not liable to retire from rotation.

Nimbus Projects Limited will close its trading window for securities from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half-year ended September 30, 2026, in accordance with the company’s insider trading code framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Nimbus Projects Limited announced that Debashis Nanda (DIN: 00150456) has ceased to be an Independent Director and member of the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees, effective August 11, 2026, upon completion of his second term.

Nimbus Projects Limited will hold a board meeting on August 12, 2026, at 12:00 p.m. to consider and approve the unaudited financial results (standalone & consolidated) prepared as per IND-AS for the quarter ended June 30, 2026, according to a regulatory filing with the Bombay Stock Exchange and the National Stock Exchange of India. The trading window for dealing in the company's equity shares has been closed from July 1, 2026, and will remain so until 48 hours after the financial results are declared on August 12, 2026.

Net Loss of Nimbus Projects reported to Rs 15.92 crore in the quarter ended March 2026 as against net loss of Rs 113.71 crore during the previous quarter ended March 2025. Sales rose 26192.77% to Rs 218.23 crore in the quarter ended March 2026 as against Rs 0.83 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 68.20 crore in the year ended March 2026 as against net profit of Rs 62.93 crore during the previous year ended March 2025. Sales rose 28.30% to Rs 228.76 crore in the year ended March 2026 as against Rs 178.30 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales218.230.83 26193 228.76178.30 28 OPM %-11.01-17732.53 --37.71-23.22 - PBDT-35.19-140.51 75 -98.2271.54 PL PBT-35.60-140.94 75 -99.6470.45 PL NP-15.92-113.71 86 -68.2062.93 PL Powered by Capital Market - Live