General Updates

NPL/BSE/NSE/2026-27/56 October 07, 2026 To, To, The Manager The Manager BSE limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower, Bandra Kurla Complex, Bandra(E) Dalal Street, Mumbai- 400001 Mumbai – 400051 Scrip Code: 511714 Symbol: NIMBSPROJ Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Availing of Loan from World Resorts Limited Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that on recommendation of Audit Committee, the Board of Directors at its meeting held on today, i.e. Wednesday, October 07, 2026 has finalized the terms & conditions of availing an unsecured Loan/ facility of Rupees 30.00 Crore (Rupees Thirty Crore Only) from World Resorts Limited, an associate company. The following are the other particulars: S. No. Particular Detail of disclosure a) Detail of Lenders World Resorts Limited (‘WRL’) is an Associate Company of Nimbus Projects Limited within the meaning of Section 2(6) of the Companies Act, 2013. b) Purpose of Loan Business Purpose c) Amount of loan Rs. 30,00,00,000/- (Rupees Thirty Crore only) in tranches. d) Shareholding, if any, in the entity with Nimbus Projects Limited holds 25.32% equity whom the agreement is executed stake in World Resorts Limited. e) Significant terms of the agreement (in N.A. brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure f) Whether, the said parties are related to WRL is an Associate Company of Nimbus Projects promoter/promoter group/ group Limited. companies in any manner. If yes, nature of relationship Mr. Bipin Agarwal, Managing Director of the Company is a common director and shareholder in both contacting companies. Mr. Bipin Agarwal, Managing Director hold 3000100 (4.85%) equity shares in WRL. Mr. Rajeev Kumar Asopa, Director, is a common director in both contracting companies. g) Whether the transaction would fall Yes, the transaction falls within the purview of within related party transactions? If yes, Related Party Transactions as per Regulation 23 of whether the same is done at “arm’s the SEBI (Listing Obligations and Disclosure length Requirements) Regulations, 2015. The transaction is being carried out at arm’s length basis. h) In case of issuance of shares to the N.A. parties, details of issue price, class of shares issued i) In case of loan agreements, details of To avail unsecured loan/ facility of Rs. borrower, nature of the loan, total 30,00,00,000/- (Rupees Thirty Crore only) from amount of loan granted/taken, total World Resorts Limited, an associate company from amount outstanding, date of execution time to time in tranches, at an interest rate of 12% of the loan agreement/sanction letter, per annum for a period of 2 years. details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis j) Any other disclosures related to such N.A. agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements The same is also available on the website of the Company at www.nimbusprojectsltd.com The Meeting of the Board of Directors of the Company commenced at 01:00 p.m. (IST) and concluded at 02:00 p.m. (IST). Kindly take the above information on record and acknowledge the receipt. Yours Faithfully For Nimbus Projects Limited Ritika Aggarwal (Company Secretary & Compliance Officer) M. No: A69712