Nimbus Projects Gets BSE Approval for Promoter Reclassification

Nimbus Projects Ltd has received approval from BSE Limited for the re-classification of four members from the 'Promoter & Promoter Group' category to the 'Public' category, as per Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The individuals approved are Mr. Nem Chand Jain, Mr. Sunil Jain, Mr. Anil Jain, and Mr. Raj Kumar Agarwal. This follows an earlier intimation and addresses a technical issue that prevented the immediate download of the approval letter. The company has also provided details of the equity shares held and the percentage of paid-up share capital for each re-classified member. This move is a significant step in the company's corporate governance and shareholding structure.