Nimbus Projects logo

Nimbus Projects MD, chairman, board of directors and AGM

NSE: NIMBSPROJBSE: 511714RealtySmall Cap

Last close ₹184.40down ₹5.59 (2.94%)BSE ₹186.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹189.99.

52-week range of BSE trades to 23 Oct 2026
₹144.90Low, 7 Sep 2026₹307.00High, 24 Oct 2025
Market cap
₹356 Cr1,980th largest listed
P/E
Lossover the last 12 months
P/B
1.3
Dividend yield
Nonein the last 12 months
ROE
−14.4%
ROCE
−6.9%
Debt to equity
0.85
Volume, NSE
3,28976.4% delivered

Nimbus Projects board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Chairperson and managing directorBIPIN AGARWAL
  • Company Secretary and Compliance OfficerMs. Ritika Aggarwal

6 directors3 independent1 executive2 non-executive

  • BIPIN AGARWAL · Chairperson and managing directorExecutive · joined Oct 1996 · 0 months as independent · 3 listed boards · 1 committee seat
  • RAJEEV KUMAR ASOPANon-executive · joined Sep 2021 · 0 months as independent · 1 listed board · 1 committee seat
  • DEEPAK KUMAR LATHIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent · 5 committee seats, 2 as chair
  • ARADHANA SINGHIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent · 4 committee seats, 1 as chair
  • NEHA ATAL PODDARIndependent · joined Jul 2026 · reappointed Jul 2026 · 2 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • ANAND KUMARNon-executive · joined Sep 2026 · 0 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • DEBASHIS NANDA, left 11 Aug 2026: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 Aug 20265 of 5 present3 independent · 15 days in between
    • 27 Jul 20265 of 6 present3 independent · 60 days in between
    • 27 May 20265 of 5 present3 independent
  • Audit Committee

    Chair DEEPAK KUMAR LATH

    ARADHANA SINGH, NEHA ATAL PODDAR

    • 12 Aug 20263 of 3 present3 independent · 15 days in between
    • 27 Jul 20262 of 3 present2 independent · 60 days in between
    • 27 May 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair DEEPAK KUMAR LATH

    RAJEEV KUMAR ASOPA, NEHA ATAL PODDAR

    • 12 Aug 20263 of 3 present2 independent · 15 days in between
    • 27 Jul 20262 of 3 present1 independent · 60 days in between
    • 27 May 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair ARADHANA SINGH

    RAJEEV KUMAR ASOPA, DEEPAK KUMAR LATH

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/S OSWAL SUNIL & COMPANYPeer-review certificate valid to Apr 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Nimbus Projects AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Nimbus Projects share news and announcements

Annual general meeting, 29 Sep 2026

2,645 shareholders on the register on 22 Sep 2026; present: 14 promoters and 95 others; votes counted by KAPIL DEV VASHISTH / KAPIL DEV VASHISTH.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE AND THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026, TOGETHER WITH REPORTS OF THE BOARD AND THE AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.60% · promoters 100.00% · institutions 0.00% · other public 24.17%

  2. TO RE-APPOINT A DIRECTOR IN THE PLACE OF MR. RAJEEV KUMAR ASOPA (DIN: 00001277) WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 77.60% · promoters 100.00% · institutions 0.00% · other public 24.17%

  3. TO APPOINT M/S DOOGAR & ASSOCIATES, CHARTERED ACCOUNTANTS (ICAI FIRM REGISTRATION NO. 000561N) AS STATUTORY AUDITORS OF THE COMPANY AND FIX THEIR REMUNERATION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 77.60% · promoters 100.00% · institutions 0.00% · other public 24.17%

  4. TO APPOINT MS. NEHA ATAL PODDAR (DIN: 11761602) AS AN INDEPENDENT WOMAN DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 77.60% · promoters 100.00% · institutions 0.00% · other public 24.17%

  5. TO APPOINT MR. ANAND KUMAR (DIN: 03194060) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 77.60% · promoters 100.00% · institutions 0.00% · other public 24.17%

  6. TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH M/S INDOGREEN INTERNATIONAL
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 7.14% · promoters 0.00% · institutions 0.00% · other public 24.17%

  7. TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH IDENTIFIED PROMOTERS
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 7.14% · promoters 0.00% · institutions 0.00% · other public 24.17%

  8. TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH IDENTIFIED PROMOTER GROUP COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 7.14% · promoters 0.00% · institutions 0.00% · other public 24.17%

  9. TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH ASSOCIATE COMPANIES
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 7.14% · promoters 0.00% · institutions 0.00% · other public 24.17%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyBSE LimitedSince 14 Aug 2026

    Fine imposed as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026. Rs. 2,000/- per day for 6 days till the date of non-compliance total 12000 plus 18% GST i.e. Rs. 14160 including GST.

    Under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 pursuant to Non-submission of shareholding pattern for the quarter ended June 30, 2026 within the period prescribedMoreLess
  • Tax disputePrincipal Commissioner of Income TaxSince 30 Jun 2022
    next hearing date is yet to be granted
    At the filing before: Tax Department has filed an appeal u/s 260A, with Hon’ble High Court Lucknow on 30.06.2022, against the ITAT order dated January 12 2022 First Hearing date was 16.09.2022, case was partially heard, next date was 07.11.2022.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.