Promoter Reclassification30 May 2026, 03:41 pm
Nimbus Projects: Promoter Reclassification Application Filed
AI Summary
Nimbus Projects Ltd has submitted an application to BSE and NSE for the reclassification of certain individuals from the 'Promoter/Promoter Group' category to the 'Public' category. This action follows board approval on May 27, 2026, and complies with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The individuals seeking reclassification include Mr. Nem Chand Jain, Mr. Sunil Jain, Mr. Anil Jain, and Mr. Raj Kumar Agarwal.
Key Highlights
- Nimbus Projects seeks exchange approval for promoter reclassification to public category.
- Application submitted on May 30, 2026, to BSE and NSE.
- Reclassification request includes Mr. Nem Chand Jain, Mr. Sunil Jain, Mr. Anil Jain and Mr. Raj Kumar Agarwal.
- Complies with SEBI Listing Regulations, 2015, Regulation 31A.
- Board approved the reclassification request on May 27, 2026.
Price Impact
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