The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Geeta Devi
NIMBSPROJ · price
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Mrs. Geeta Devi, who is not part of the promoter or promoter group, sold 2,50,000 equity shares (1.29%) of Nimbus Projects Limited in the open market on September 16, 2025. Her shareholding has accordingly come down from 5,00,000 shares (2.59%) to 2,50,000 shares (1.29%) of the company's paid-up equity capital. The total share capital of the company remains unchanged at 1,93,18,735 equity shares of Rs. 10 each, aggregating to Rs. 19,31,87,350. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations on the BSE.
Since the seller is a non-promoter individual, this transaction does not affect promoter holding or control of the company. A 1.29% open market sale by a non-promoter shareholder is a routine disclosure and is unlikely to have any meaningful impact on the stock price or shareholder value.