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Nimbus Projects Limited — Capital/Financing Update 2024
Aug 12, 2024
62457_rns_2024-08-12_79c264db-45c4-4ee9-aec7-7ed6b8dee07e.pdf
Capital/Financing Update
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NPL/BSE/2024-25/ 49
Date: August 12, 2024
To, The Listing Department BSE Limited Phiroze Jeejeebhoy Tower Dalal Street Mumbai — 400001
Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Scrip Code: 511714 Scrip ID: NIMBSPROJ
Dear Sir,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Board of Directors at its meeting held on today i.e; Monday, August 12, 2024 has finalized the terms & conditions for granting of unsecured loan/ facility of Rupees 50.00 Crore (Rupees Fifty Crores Only) to Signatureglobal (India) Limited on recommendation of Audit Committee. The following are the other particulars:
| S. No. | Particular | Detail of disclosure |
|---|---|---|
| 1. | Detail of Borrowers | Signatureglobal (India) Limited having its office at 1304, 13thFloor Dr. Gopal Das Bhawan , 28, Barakhamba Road, New Delhi -110001 |
| 2. | Purpose of Loan | The facility shall be utilized by borrower for its business purpose.. |
| 3. | Total amount of loan to be granted | Rs. 50,00,00,000/- (Rupees Fifty Crores only) in tranches. |
| 4. | Total amount of Outstanding Loan | Not Applicable |
| 5. | Nature/duration/ Rate of Interest etc. for Loan |
granting of unsecured loan/ facility of Rupees 50.00 Crore (Rupees Fifty Crores Only) to Signatureglobal (India) Limited from time to time in various tranches, at interest rate of 12% p.a. for a period of 12 months. |
| 6. | Date of Execution of Loan Agreement/Sanction Letter |
To be executed |
| 7. | Details of security provided | Not Applicable |
| 8. | Other Details(if any) | Not Applicable |
You are requested you to please take the above on record.
Thanking you
Yours faithfully,
For Nimbus Projects Limited
Ritika Digitally signed by Ritika Aggarwal Date: 2024.08.12 Aggarwal 18:54:13 +05'30'
Ritika Aggarwal (Company Secretary & Compliance Officer) M.No.: A69712
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