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

Anamica Financial Services and its associates have increased their collective shareholding in Nimbus Projects Limited following a share allotment under a Scheme of Arrangement involving nine transferor companies. This restructuring led to a significant rise in their stake, now exceeding 70% of Nimbus’s equity. The acquisition was made under an exemption, with no open offer required. The allotment reflects consolidation efforts and strengthens the controlling position of the acquirers, indicating greater influence over Nimbus Projects’ operations and strategic direction, which is notable for shareholders monitoring governance and control shifts.