Updates

NPL/BSE/NSE/2026-27/31 July 27, 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: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acting as Guarantor regarding availing of secured loan/ credit facility of Rs.23.00 Crore Dear Sir/ Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Board of Directors in its meeting held on today, i.e; Monday, July 27, 2026 has finalized the terms & conditions for acting as a guarantor and authorizing its partnership firm IITL-Nimbus, The Express Park View, a Subsidiary Entity regarding availing of term loan facility upto Rupees 23.00 Crore from ICICI Bank Limited: S. No. Particulars Detail of disclosure 1. Detail of Lenders ICICI BANK Limited having its office at ICICI BANK Limited having its office at S26, Veera Tower, Green Park Extension, New Delhi-110016 2. Purpose of Loans 1. Upto Rs.23.00 Crore towards the repayment of the term loan facilities availed by the Borrower from the Other Lender utilized towards cost of ongoing projects of the Borrower Group (excluding land, TDR and FSI cost) and transaction related expenses. 2. Balance of the proposed loan (if any) to be utilized Towards funding of the cost of ongoing projects. 3. Total amount of loans to be Rupee Term Loan: Not exceeding Rs.23.00 Crore granted 5. Nature/duration/ Rate of Availing of term loan facility Rs. 23.00 Crore from Interest etc. for Loan ICICI Bank Limited, from time to time in various tranches, at an interest rate of 10.10% p.a. and for a period of 36 months and Nimbus Projects Limited to act as a Guarantor for availing the above mentioned loan. 6. Date of Credit Arrangement July 20, 2026 Letter/ Sanction Letter 7. Details of security provided The Facility, all interest thereon, costs, charges, expenses, penal charges and all other monies in respect thereof shall be secured by: 1. First Pari Pasu charge by way of equitable mortgage on approx. area admeasuring 52,493.16 sq. mtrs. located at Plot No. GH-03, Sector CHI-V, Greater Noida, Gautam Budh Nagar, Uttar Pradesh. 2. First Pari Pasu charge by way of equitable mortgage on unsold units of the project but including any cancellations of the sold units. 3. First Pari Passu charge by way of hypothecation on the future Scheduled Receivables of the Project and all insurance proceeds, both present and future. 4. First Pari Passu charge by way of hypothecation on the Escrow Accounts of the Project 5. Exclusive charge by way of hypothecation on the DSR Account all monies credited/deposited therein and all investments in respect thereof. 8. Other Details(if any) As mentioned above The same is also available on the website of the Company at www.nimbusprojectsltd.com Kindly take the above information on record. Thanking You, Yours Faithfully For Nimbus Projects Limited Ritika Aggarwal (Company Secretary & Compliance Officer) M. No: A69712