Description
84,80,735 equity shares of Nimbus Projects Limited listed on BSE effective December 31, 2025, issued pursuant to a scheme of amalgamation involving nine transferor companies.
Summary
BSE has approved the listing of 84,80,735 equity shares of Rs. 10/- each of Nimbus Projects Limited (Scrip Code: 511714) effective from December 31, 2025. These shares were issued pursuant to a Scheme of Arrangement for Amalgamation involving nine companies - eight transferor companies merging into Nimbus Projects Limited (transferee company) under sections 230 to 232 of the Companies Act, 2013. The newly listed shares rank pari-passu with existing equity shares.
Key Points
- 84,80,735 equity shares of Nimbus Projects Limited to be listed and permitted for trading
- Face value: Rs. 10/- per share
- Scrip Code: 511714
- ISIN: INE875B01015
- Distinctive Numbers: 10838001 to 19318735
- Date of Allotment: May 16, 2025
- Trading commencement: December 31, 2025
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following completion of an amalgamation scheme approved under the Companies Act, 2013.
Compliance Requirements
Market participants should note the listing of these additional securities for trading purposes. The shares are fungible with existing equity shares of Nimbus Projects Limited and can be traded under the same scrip code.
Important Dates
- Date of Allotment: May 16, 2025
- Trading Commencement: December 31, 2025
- Notice Date: December 30, 2025
Impact Assessment
This listing represents a corporate restructuring action with minimal market-wide impact. The amalgamation consolidates nine entities (Nimbus Projects Limited and eight 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) into a single entity. The additional share capital may marginally affect the company’s equity base and liquidity.
Impact Justification
Routine listing of shares post-amalgamation for a single company with limited market-wide impact