Nimbus Projects Limited — Capital/Financing Update 2021

Jun 11, 2021

NIMBUS PROJECTS LIMITED REAL (An ISO 9001: 2015 Certified Company) CIN: L74899DL1993PLC055470 ESTATE

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Ref: NPL/BSE/2021-22/18

Date: 11.06.2021

To, BSE Limited Corporate Relation Department Phiroze Jeejeeboi Towers, Dalal Street, Mumbai - 400001.

Scrip Code: 511714 Scrip ID: NIMBSPROJ

Sub: Intimation with respect to redemption of Unlisted Preference Shares of the Company.

Dear Sir/ Ma'am,

This is to inform you that the Board of Directors of the Company has on request of the preference shareholder M/s. Intellectual Securities Private Limited approved the partial redemption of 0% Non-Cumulative, Non-Convertible Non–Participating Preference Share of the Company. The approval was sought through Circular Resolution No. CR/NPL/02/2021-22 passed on Thursday, June, 10, 2021 by requisite majority of Directors.

The redemption was made out from issue of fresh equity shares through preferential allotment to the select Non-Promoter category. The Company after obtaining all the necessary approvals had allotted the equity shares to the select Non- Promoter category on June 02, 2021.

Brief particulars of the preference shares to be redeemed are tabled below:

Name of Preference Shareholder	M/s. Intellectual Securities Private Limited
Category	Public
Number of preference shares held	36,95,680 0% Non- Cumulative, Non-Convertible Non–Participating Preference Share
Number of preference shares redeemed	1,73,000 0% Non- Cumulative, Non-Convertible Non–Participating Preference Share (partly redemption)
Face Value of preference shares of the Company	Rs. 10/-
Issue price of preference shares of the Company	Rs. 50/- per share (including Rs. 40/- per share)
Premium on redemption	Rs. 8.42/-
Redemption Amount(in Rupees)	Rs.1,01,06,660/-

This is for your kind information and record please.

Thanking You Yours Faithfully,

For Nimbus Projects Limited

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Sahil Agarwal (Company Secretary & Compliance Officer) M. No.: A36817

Regd. Office : 1001-1006,10th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi- 110001 Phone: 011-42878900 Fax: 011-41500023, E-mail: nimbusindialtd@gmail.com Web.: www.nimbusprojectsltd.com