Nimbus Projects Limited — Board/Management Information 2024

Sep 28, 2024

September 28, 2024

NPL/BSE/2024-25/70

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To, Listing Department BSE limited Department of Corporate Services, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai- 400001

Scrip Code: 511714 Scrip ID: NIMBSPROJ

Subject: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Appointment of Independent Directors

Dear Sir/ Madam,

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the Board of Directors of the Company at its Meeting held on 12[th] August, 2024, had approved the following subject to approval of shareholders of the Company.

1. Appointment of Mr. Deepak Kumar Lath (DIN: 00341732) as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of 5 (five) consecutive years commencing from September 27, 2024 to September 26, 2029 (both days inclusive).

2. Appointment of Ms. Aradhana Singh (DIN: 10019212) as a Non-Executive Independent Woman Director of the Company, for a term of 5 (five) consecutive years commencing from September 27, 2024 to September 26, 2029 (both days inclusive).

Details with respect to the above changes as required under Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in the “ Annexure-I” to this letter.

Kindly take the above information on records and acknowledge the receipt.

Thanking You

Yours Faithfully

For Nimbus Projects Limited

Ritika Digitally signed by Ritika Aggarwal Date: 2024.09.28 Aggarwal 16:13:29 +05'30' Ritika Aggarwal (Company Secretary & Compliance officer) M.No: A69712

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“Annexure-I”

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				“Annexure-I”
S.No.		Particulars	Mr. Deepak Kumar Lath(DIN: 00341732)	Ms. Aradhana Singh (DIN: 10019212)
1.		Reason for Change viz., appointment, ~~resignation,~~ ~~removal,~~ ~~death or otherwise~~	Appointment	Appointment
2.		Date of appointment/~~cessation~~ (as applicable) & term of appointment;	Appointed as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of 5 (five) consecutive years commencing from September 27, 2024 to September 26, 2029 (both days inclusive).	Appointment as a Non-Executive Independent Woman Director of the Company, for a term of 5 (five) consecutive years commencing from September 27, 2024 to September 26, 2029 (both days inclusive).
3.		Brief Profile (in case of appointment);	Mr. Deepak Kumar Lath (Aged: 57 years) is a Commerce Graduate. He is a fellow member of Institute of Company Secretaries of India. He has over 25 years of professional experience in Secretarial and Legal functions and has more than five years of experience in the area of audit & accounts. His expertise spans across various domains including financial management, corporate negotiations, financial control, business planning, due diligence, business development, capital raising, business structuring, investor relations, commercial, taxation, people development and strategic planning. His specialization in Corporate and Legal law, provide comprehensive support to his clients. His dedication to his field and ability to adapt and innovate in the evolving landscape of Corporate Laws make him a valuable asset to the Company as an Independent Director.	Ms. Aradhana Singh (Aged: 30 years) is a Commerce and Law graduate. She is an Associate member of The Institute of Companies Secretaries of India. She has over 5.5 years of professional experience and is an established expert in areas of Insolvency and Bankruptcy Law. Her expertise spans across various domains including the Companies Act, SARFAESI Act, RERA Act, IPR, FEMA, GST and Income Tax Law. She is expert in drafting of petitions/replies for NCLT related matters, liasoning with banks and other government authorities. She is also empaneled with Punjab National Bank to act as Resolution Agent. Her specialization in Insolvency & Bankruptcy Law, makes her a valuable asset to the Company as an Independent Woman Director.
4.		Disclosure of relationships between directors [in case of appointment of a director]	Mr. Deepak Kumar Lath is not related to any Director on the Board or Key Managerial Personnel of the Company.	Ms. Aradhana Singh is not related to any Director on the Board or Key Managerial Personnel of the Company.
5.		Information as required pursuant to BSE Circular with ref. no. LIST/COMP/14/2018- 19 and the National Stock Exchange of India Limited Circular with ref. no. NSE/CML/2018/ 24, both dated 20June 2018	Mr. Deepak Kumar Lath is not debarred from holding the office of Director by virtue of any MCA/ SEBI order or order of any other such Authorities.	Ms. Aradhana Singh is not debarred from holding the office of Director by virtue of any MCA/SEBI order or order of any other such Authorities.

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