ALPHA TRIBE

Nimbus Projects LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Anamica Financial Services Pvt. Ltd. has announced a significant increase in its shareholding in Nimbus Projects Limited following a share allotment under a Scheme of Arrangement involving the amalgamation of nine transferor companies into Nimbus Projects. Post-allotment, the equity share capital of Nimbus Projects rose from INR 10.83 Cr to INR 19.32 Cr, with the Acquirers and Persons Acting in Concert collectively holding 70.50% of the total equity and voting rights. This strategic consolidation boosts their control substantially, impacting the company’s ownership structure and reinforcing their influence on future decisions and performance.

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