The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anamica Financial Services Pvt Ltd & Others
NIMBSPROJ · price
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Nimbus Projects Ltd's promoter group (Acquirers + PAC) received 78,85,647 new equity shares through a court-approved Scheme of Amalgamation, where 9 transferor companies (Gupta Fincaps, Urvashi Finvest, Intellectual Securities, Happy Graphics, Link Vanijya, Dynamo Infracon, Pushpak Trading, Mokha Vyapaar, and Padma Estates) were merged into Nimbus Projects. As a result, the promoter group's shareholding increased from 52.92% to 70.50% of the expanded share capital. The company's equity capital nearly doubled from ₹10.84 crore (1.08 crore shares) to ₹19.32 crore (1.93 crore shares). The transaction technically triggers an open offer requirement under SEBI Takeover Regulations 3(2), but is exempt under Regulation 10(1)(d)(ii) because it arises from a scheme approved by NCLT.
The promoter group's control in Nimbus Projects has strengthened materially to over 70%, leaving minority shareholders with reduced influence. Existing shareholders face significant dilution (~44% increase in total share count), though no cash outflow is required from them. The merger integration may simplify the group's corporate structure going forward.