NIMBSPROJBSENimbus Projects LtdMediumNeutral
Announced Wed, 27 May · 22:44 IST

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you ....

Management Changes View source PDF

NIMBSPROJ · price

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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹216.45
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.7-0.7-3.0-3.1-2.6-4.8-7.6
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AI summary

Nimbus Projects Ltd has appointed M/s Doogar & Associates (D&A), Chartered Accountants, as its new Statutory Auditor for a five-year term. The appointment follows the completion of tenure by the existing auditor, M/s Oswal Sunil & Company. The Board meeting, held on May 27, 2026, approved the change based on the Audit Committee's recommendation. The appointment is subject to shareholder approval at the 33rd Annual General Meeting and will be effective from the conclusion of the 33rd AGM until the 38th AGM. Doogar & Associates, established in 1976, is a mid-sized firm headquartered in New Delhi with offices in Mumbai, Agra, and Jaipur, and is empanelled with regulatory bodies including RBI, C&AG, and NHAI.

Likely market impact

This is a routine auditor transition with no red flags — the existing firm completed its tenure and there is no indication of disputes or governance concerns. Shareholders should expect a smooth transition pending approval at the AGM.