Nimbus Projects Limited — Capital/Financing Update 2025

Jun 20, 2025

NPL/BSE/2025-26/24

June 20, 2025

==> picture [406 x 62] intentionally omitted <==

==> picture [48 x 53] intentionally omitted <==

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 in its meeting held on today, i.e; Friday, June 20, 2025 has finalized the terms & conditions for availing of secured loan/ credit facility of Rupees 22.00 Crore (Rupees Twenty Two Crores Only) from Aditya Birla Capital Limited and authorized its firm IITL-Nimbus The Express Park View to act as a guarantor for the same. The following are the other particulars:

S. **No. **	Particular	Detail of disclosure
1.	Detail of Lenders	Aditya Birla Capital Limited having its office at D- 17, Sector-3, Noida-Uttar Pradesh-201301
2.	Purpose of Loan	The facility shall be utilized by Nimbus Projects Limited for General corporate purpose.
3.	Total amount of loan to be granted	Rs. 22,00,00,000/- (Rupees Twenty Two Crore only) in tranches.
4.	Total amount of Outstanding Loan	N.A.
5.	Nature/duration/ Rate of Interest etc. for Loan	Availing of credit/finance facility of Rs. 22 Crore (Rupees Twenty Two Crore Only) from Aditya Birla Capital Limited, from time to time in various tranches, at interest rate of 11.25% p.a. floating, for a period of 42 months and to authorize its firm IITL- Nimbus The Express Park View to act as a Guarantor for availing the above mentioned loan.
6.	Date of Execution of Loan Agreement/ Sanction Letter	May 27, 2025

==> picture [452 x 55] intentionally omitted <==

==> picture [406 x 62] intentionally omitted <==

==> picture [48 x 53] intentionally omitted <==

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. 66.81 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)  Extension of Hypothecation of hotel cashflow of “Golden Palm” located at Patparganj, Delhi- 110092, Owned by Indogreen International.  Personal Guarantee of Mr. Bipin Agarwal.  Corporate Guarantee of M/s Indogreen International and M/s IITL Nimbus- The Express Park View.  ISRA of 2 months interest on Loan amount.  Security cover 1.96x ad receivable cover 2x to be maintained.
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 17:20:12 +05'30' Ritika Aggarwal (Company Secretary & Compliance Officer) M. No: A69712

==> picture [452 x 55] intentionally omitted <==