Nimbus Projects Ltd — Important, 29-12-2025: Company Update

Nimbus Projects Limited's Board finalized terms to act as co-borrower for two secured credit facilities from Aditya Birla Capital Limited. The company's partnership firm, IITL-Nimbus, will avail loans totaling Rs. 11.36 Crore and Rs. 0.25 Crore for general corporate purposes. These loans carry a 12% p.a. floating interest rate and a 42-month tenure. The facilities are secured by significant assets, including unsold units and receivables from the "Express Park View" project, a hotel property, and corporate and personal guarantees, strengthening the company's financial flexibility.