Nimbus Projects Limited — Board/Management Information 2024

Aug 12, 2024

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NPL/BSE/2024-25/45

August 12, 2024

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 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Madam,

Pursuant to Regulation 30 read with Part- A of Schedule III of SEBI (listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that on recommendation of the Nomination & Remuneration Committee (NRC), the Board of Directors at its meeting held today i.e. August 12 2024, has proposed to appoint the following Independent Directors at the ensuing 31[st] Annual General Meeting of the Company, scheduled to be held on 27[th] September, 2024, which are subject to approval of members ;

1. Appointment of Mr. Deepak Kumar Lath (DIN: 00341732) as an Independent Director, not liable to retire by rotation, for a first term of five consecutive years at the ensuing 31[st] Annual General Meeting.

2. Appointment of Ms. Aradhana Singh (DIN: 10019212) as an Independent Woman Director, not liable to retire by rotation at the ensuing 31[st] Annual General Meeting.

The appointment shall be subject to the approval of members at the 31[St] Annual General Meeting of the Company and the compliances of Regulations 17 and 25(2A) of the SEBI Listing Regulations and the relevant provisions of the Companies Act, 2013 shall be followed.

Further, we wish to inform you that the Nomination and Remuneration Committee and the Board while considering the recommendation for appointment, have verified that all above said person are not debarred from holding the office of Director pursuant to any order of MCA/SEBI or of any other authorities.

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.

The Meeting of Board of Directors commenced at 03:30 p.m. and concluded at 06:15 p.m.

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: 2024.08.12 Aggarwal 18:47:02 +05'30'

Ritika Aggarwal (Company Secretary & Compliance officer) M.No: A69712

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“ Annexure-I”

S.No.		Particulars	Mr. Deepak Kumar Lath	**Ms. Aradhana Singh **
1.		Reason for Change viz., appointment, ~~resignation,~~ ~~removal,~~ ~~death or otherwise~~	Recommendation the appointment of Mr. Deepak Kumar Lath (DIN: 00341732) as an Independent Director of the Company, subject to approval of shareholders.	Recommending the appointment of Ms. Aradhana Singh (DIN: 10019212) as an Independent Woman Director of the Company, subject to approval of shareholders.
2.		Date of appointment~~/cessation~~ (as applicable) & term of appointment;	Proposed appointment at the ensuing 31st Annual General Meeting of the Company	Proposed appointment at the ensuing 31st Annual General Meeting of the Company
3.		Brief Profile (in case of appointment);	Mr. Deepak Kumar Lath (Aged: 57 years) is a Commerce and Law 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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