Description

84,80,735 equity shares of Nimbus Projects Limited listed on BSE effective December 31, 2025, pursuant to scheme of amalgamation with 9 transferor companies.

Summary

BSE has approved the listing of 84,80,735 new equity shares of Rs. 10/- each of Nimbus Projects Limited (Scrip Code: 511714), effective from December 31, 2025. These shares have been issued pursuant to a Scheme of Arrangement for amalgamation involving 9 transferor companies merging into Nimbus Projects Limited. The new shares rank pari-passu with existing equity shares.

Key Points

  • 84,80,735 new equity shares of Rs. 10/- each to be listed
  • Shares issued under amalgamation scheme involving 9 transferor companies
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE875B01015
  • Distinctive Numbers: 10838001 to 19318735
  • Date of allotment: May 16, 2025

Regulatory Changes

No regulatory changes. This is a listing approval following completion of amalgamation proceedings under Sections 230 to 232 of the Companies Act, 2013.

Compliance Requirements

  • Market participants must note the additional shares available for trading
  • Updated equity capital to be reflected in trading systems
  • Transferor companies: Gupta Fincaps Private Limited, Urvashi Finvest Private Limited, Intellectual Securities Private Limited, Happy Graphics and Exhibition Private Limited, Link Vanijya Private Limited, Dynamo Infracon Private Limited, Pushpak Trading & Consultancy Private Limited, Mokha Vyapaar Private Limited, and Padma Estates Private Limited

Important Dates

  • Allotment Date: May 16, 2025
  • Trading Commencement Date: December 31, 2025 (Wednesday)
  • Notice Date: December 30, 2025

Impact Assessment

Market Impact: The listing of 84.8 lakh additional shares represents a significant expansion of Nimbus Projects’ equity base. This will increase the free float and may impact liquidity positively. Existing shareholders should note the dilutive effect, though shares were issued via amalgamation rather than fresh issuance.

Operational Impact: The amalgamation consolidates 9 private limited companies into Nimbus Projects Limited, potentially creating operational synergies and a stronger consolidated entity. The pari-passu ranking ensures equal rights for all shareholders.

Impact Justification

Significant listing of 84.8 lakh new shares following amalgamation of 9 companies, expanding Nimbus Projects' capital base. Material event for existing shareholders due to dilution effects.