Nimbus Projects Limited — Capital/Financing Update 2025

Jun 20, 2025

NPL/BSE/2025-26/25

June 20, 2025

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

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Board of Directors in its meeting held on today, i.e; Friday, June 20, 2025 has finalized the terms & conditions for acting as a co-borrower and authorizing its partnership firm IITLNimbus The Express Park View regarding availing of secured loan/ credit facility of Rupees 9.00 Crore (Rupees Nine Crores Only) from Aditya Birla Capital Limited. The following are the other particulars:

S. No.	Particular	Detail of disclosure
1.	Detail of Lenders	Aditya Birla Capital Limited having its registered office at D-17, Sector-3, Noida, Uttar Pradesh-201301
2.	Purpose of Loan	The facility shall be utilized by IITL-Nimbus The Express Park View towards general business purpose.
3.	Total amount of loan to be granted	Rs. 9,00,00,000/- (Rupees Nine Crore only) in tranches.
4.	Nature/duration/ Rate of Interest etc. for Loan	The Company to act as co-borrower and authorize its partnership firm ‘IITL-Nimbus The Express Park View’ to avail secured loan/ credit facility of Rs. 9,00,00,000/- (Rupees Nine Crores only) from Aditya Birla Capital Limited, from time to time, in tranches, at interest rate of 12% per annum for a period of 42 months.
5.	Date of Sanction Letter	27.05.2025

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7.	Details of security provided	 Extension of mortgage and cross linking against first and exclusive charge on unsold 117 units having a saleable area of 1,50,372 Sq. Ft. located at Project “Express Park View” Sector-CHI-V, Greater Noida- 201310.-Owned by IITL Nimbus - The Express Park View.  Extension of mortgage and cross linking against hotel property Golden Palm” located at Patparganj, Delhi - 110092, valuing Rs. 64.58 cr. that is already under mortgage with ABCL in existing facility. Owned by Indogreen International.  First and Exclusive charge on sold and unsold receivable, present and future, of project “Express Park View” of INR Rs. 203.59 crores (S/R of 101.50 Crs & 102.08 Crs)  Personal Guarantee of Mr. Bipin Agarwal.  Corporate Guarantee of M/s Indogreen International.  ISRA of 2 months interest on Loan amount.
8.	Other Details(if any)	Tenure of 42 months

Kindly take the above information on record.

Thanking You,

Yours Faithfully For Nimbus Projects Limited

Ritika Digitally signed by Ritika Aggarwal Date: 2025.06.20 Aggarwal 17:20:51 +05'30' Ritika Aggarwal (Company Secretary & Compliance Officer) M. No: A69712

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