Nimbus Projects Limited — Capital/Financing Update 2026

Feb 24, 2026

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NPL/BSE/2025-26/104

February 24, 2026

To, The Listing Department BSE Limited Phiroze Jeejeebhoy Tower Dalal Street Mumbai — 400 001

Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Availing of Loan from World Resorts Limited

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 on recommendation of Audit Committee, the Board of Directors at its meeting held on Tuesday, February 24, 2026 has finalized the terms & conditions of availing an unsecured Loan/ facility of Rupees 25.00 Crore (Rupees Twenty-Five Crore Only) from World Resorts Limited, an associate company.

The following are the other particulars:

S. No.	Particular	Detail of disclosure
a)	Detail of Lenders	World Resorts Limited (‘WRL’) is an Associate Company of Nimbus Projects Limited under the Companies Act, 2013.
b)	Purpose of Loan	Business Purpose
c)	Amount of loan	Rs. 25,00,00,000/- (Rupees Twenty-Five Crore only) in tranches.
d)	Shareholding, if any, in the entity with whom the agreement is executed	Nimbus Projects Limited holds 25.32% equity stake in World Resorts Limited.
e)	Significant terms of the agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure	N.A.
f)	Whether, the said parties are related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship	WRL is an Associate Company of Nimbus Projects Limited. Mr. Bipin Agarwal, Managing Director of the Company is a common director and shareholder in both contacting companies. Mr. Bipin Agarwal, Managing Director hold 3000100 (4.85%) equity shares in WRL.

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		Mr. Rajeev Kumar Asopa, Director, is a common director in both contracting companies.
g)	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length	Yes, the transaction will fall within the purview of Related Party Transactions as per Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction is being carried out at arm’s length basis.
h)	In case of issuance of shares to the parties, details of issue price, class of shares issued	N.A.
i)	In case of loan agreements, details of borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis	To avail unsecured loan/ facility of Rs. 25,00,00,000/- (Rupees Twenty-Five Crore only) from World Resorts Limited, an associate company from time to time in one or more tranches, at an interest rate of 10% per annum for a period of 2 years. Further, in addition to the above, the company has already availed an unsecured loan/facility of Rs.5 Crore from WRL at an interest rate of 10% per annum for a period of 2 years. The outstanding amount is Rs.2 Crore.
j)	Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements	N.A.

The same is also available on the website of the Company at www.nimbusprojectsltd.com Kindly take the above information on record and acknowledge the receipt.

Yours Faithfully

For Nimbus Projects Limited

Ritika Digitally signed by Ritika Aggarwal Date: 2026.02.24 Aggarwal 15:53:58 +05'30'

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

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