Disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of shares and Takeovers) Regulations, 2011 ("SAST")
NIMBSPROJ · price
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Awaiting price reaction for this filing.
Nimbus Projects Ltd informed BSE about two open-market share sale transactions by non-promoter shareholders. First, Mrs. Meenal Aggarwal along with PAC Mrs. Geeta Devi sold 25,000 shares (0.13%), reducing their combined holding from 2.72% (5,25,000 shares) to 2.59% (5,00,000 shares) on September 11, 2025. Separately, Mrs. Geeta Devi sold an additional 2,50,000 shares (1.29%) on September 16, 2025, bringing her individual holding from 2.59% to 1.29% (2,50,000 shares). The company's total equity share capital remains unchanged at 1,93,18,735 shares of Rs. 10 each. The filing explicitly states that the sellers do not belong to the promoter or promoter group.
Since the sellers are non-promoter shareholders and the combined stake sold is around 1.42% of equity, this is a routine portfolio reshuffle by minority holders and is unlikely to materially affect share price or promoter control. No signals triggered as the transacting parties are not promoters and there is no pledge or threshold-related event.