Appointment of Mr. Nitesh Kumar Gupta as Chief Financial Officer and Key Managerial Personnel of the company w.e.f. 10.02.2026
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Nimbus Projects Ltd has appointed Mr. Nitesh Kumar Gupta as its new Chief Financial Officer and Key Managerial Personnel, effective February 10, 2026. The appointment was approved by the Board based on recommendations from the Nomination & Remuneration Committee and Audit Committee. Mr. Gupta is a Chartered Accountant with over 15 years of experience in finance and accounting within the real estate and infrastructure sectors. The company cited smooth transition and succession planning as the reason for the change.
This is a routine leadership transition with an industry-experienced finance professional taking charge, which is generally neutral for shareholders but signals continuity in financial governance.