Cessation of Mr. Anuj Kumar Garg as President-Sales & Marketing, a Senior Management Personnel of the company w.e.f. August 31, 2025
NIMBSPROJ · price
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Nimbus Projects Ltd has informed the BSE that Mr. Anuj Kumar Garg, President – Sales & Marketing and a Senior Management Personnel (SMP), will cease to be associated with the company effective August 31, 2025. The discontinuation of his services is part of organizational restructuring and business realignment, with the company stating there is no other material reason for the cessation. The company has filed this intimation under SEBI Listing Regulations (Regulation 30). The signed disclosure was made by Ritika Aggarwal, Company Secretary & Compliance Officer, on August 21, 2025.
This is a senior management-level exit attributed to internal restructuring rather than any adverse reason, suggesting a routine organizational change. Investors should monitor whether the restructuring leads to strategic clarity or any further leadership churn, but there are no immediate red flags from this single departure.